Economy
ECB 2% target in sight as Eurozone inflation slows more than expected
Consumer prices rose 2.4 per cent in the year to November — down from 2.9 per cent the previous month
Euro-zone inflation cooled more than expected, putting the 2 per cent target in sight as investors step up bets that the European Central Bank will cut interest rates sooner than officials suggest.
Consumer prices rose 2.4 per cent from a year ago in November — down from 2.9 per cent the previous month and less than the estimates of all economists in a Bloomberg poll. Price pressures continued easing across almost all categories and remained ...