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Eurozone inflation rose 2.4% year-on-year in March 2024, slowing from 2.6% in February. As a result, Europe's inflation rate has declined for three consecutive months. This is evidenced by preliminary data from Eurostat. Analysts surveyed by Trading Economics had expected eurozone inflation to rise by 2.6% in March. At the same time, monthly core inflation, which excludes energy and food costs, slowed to 2.9% in March. Energy prices fell by 1.8% compared to his 3.7% in February 2024. The lowest inflation rates were recorded in Lithuania (0.3%) and Finland (0.7%), while the highest inflation rates were recorded in Croatia (4.9%)…

Christine Lagarde, President of the European Central Bank (ECB). EU inflation rate falls to 2.4% (Xinhua News Agency)Inflation in the euro zone unexpectedly fell last month, with consumer prices rising 2.4% in the year to March as price pressures in the single currency area continued to ease.This was down from 2.6% in February, the European Union Statistics Office said, as falling energy prices pushed down overall inflation. Economists had expected 2.5%.Core inflation, which excludes volatile food and energy costs, fell from 3.1% to 2.9%, while in Germany inflation fell to 2.3% (down from 2.7% in the previous month and in…

“Preliminary inflation readings for March were up 2.4% year-on-year, down 0.2% from last month's reading. Economists had expected inflation to be flat month-on-month, so today's numbers came as a positive surprise. Michael Field, European market strategist at Morningstar, said that with inflation moving slightly closer to the ECB's 2% target level, investors should be more confident that a rate cut is on the horizon. ” he said. The core inflation rate, which measures prices excluding energy and food costs, also fell to 2.9% from the previous year. In February, it was 3.1%. The biggest contributors to euro area inflation in…

Brussels, Belgium (AFP) – The eurozone's annual inflation rate fell further than expected in March, official figures showed on Wednesday, raising hopes that the European Central Bank would cut interest rates in June. Publication of: 2024/03/04 – 11:59change: 2024/03/04 – 16:30 2 minutes Consumer price inflation in the single currency area slowed to 2.4% from 2.6% in February, the EU Statistics Office said.Analysts surveyed by FactSet had expected inflation to hold steady at 2.6%, while economists asked by Bloomberg expected it to fall to 2.5%.The figure is close to the ECB's 2% target and would strengthen the case for a…

Eurostat data for March 2024 showed annual consumer price inflation fell to 2.4%, below expectations of 2.6% and the lowest level in four months. Markets expect the ECB to cut rates four times by the end of 2024, with the first expected in June. advertisementInflation in the euro zone fell more than economists expected last month, further reinforcing expectations that the European Central Bank will ease monetary policy in coming months.The euro zone's annual consumer price inflation rate fell to 2.4% from 2.6% in March 2024, according to preliminary Eurostat data released on Wednesday. This was the lowest level in…

Men are still much more likely to own and invest in cryptocurrencies than women. According to The Motley Fool Ascent's 2024 Cryptocurrency Investor Trends Study, nearly half (46%) of all women surveyed said they were “very unlikely” to invest in cryptocurrencies, and 23% % said they were “somewhat unlikely” to invest in cryptocurrencies. That remains true despite the recent upturn in the cryptocurrency market and the launch of new investment products for cryptocurrencies. Bitcoin (Cryptocurrency: BTC).So what's going on here? It's easy to simply say, “Women invest differently than men,” but let's dig deeper into the numbers to see what's…

In a recent research report, Coinbase analysts highlighted the potential hidden risks associated with Ethereum's new resttaking protocol, Eigenlayer, aimed at increasing yields through Liquid Restaking Tokens (LRTs). It highlights the risks involved. Despite promising to serve as the foundation for numerous decentralized applications, concerns about amplified risk and concentration of validators remain. Assessing the Balance Act: Reclaiming Ethereum’s Promise and New RisksAccording to Coinbase (via Cointelegraph), Ethereum re-staking could serve as the “foundation” for a variety of new decentralized blockchain applications, but it could also introduce some new hidden risks. there is. In an April 2…

Annual inflation rates in most European countries fell for the third consecutive month, moving closer to the target set by the European Central Bank. Consumer prices in the 20 countries that use the euro rose 2.4% in the year to March, down from 2.6% the previous month, the European Union said on Wednesday. .The interest rate was slightly lower than economists expected, bringing overall inflation closer to the ECB's 2% target at its next rate-setting meeting on April 11.The central bank is also keeping a close eye on core inflation, which removes volatile food and energy prices. In the euro…

Inflation in the euro zone fell more than expected in March, as soaring prices in the grocery aisle eased and overall price increases were contained in Germany and France, the two largest economies. The basis for the European Central Bank (ECB) to start reducing borrowings has been solidified. Costs are at an all-time high. The annual rate for the 20 countries using the euro currency was 2.4%, lower than the 2.5% expected by financial markets and moving the ECB closer to its 2% inflation target. But analysts expect the drop from February's 2.6%, while welcome, will not be enough to…

An early Easter usually means higher inflation due to the holiday effect, but this is not showing up in today's data. Monthly seasonally adjusted data showed that both goods and services declined in March, which is a very good sign for inflation in the euro area. Although services inflation is too high for comfort, and the European Central Bank has also focused a lot of attention on this recently, today's reading is ECB This will provide peace of mind for doves. Recent surveys have also reported similar findings, providing an indication of the inflation outlook in the coming months. Labor…