Fresh data out of Germany suggests the European Central Bank (ECB) has a green light to slash interest rates at its upcoming gathering. According to the latest flash estimate, annual inflation in the country has dipped to 1.6%, down from 1.9% just a month prior. This significant drop brings German headline inflation to its lowest point in recent months, providing the ECB with ample justification to take action.
**ECB Doves Gain Momentum Amid German Disinflation**
Fresh data out of Germany suggests the European Central Bank (ECB) has a green light to slash interest rates at its upcoming gathering. According to the latest flash estimate, annual inflation in the country has dipped to 1.6%, down from 1.9% just a month prior. This significant drop brings German headline inflation to its lowest point in recent months, providing the ECB with ample justification to take action.
Leave a Reply