Eurozone Inflation Plummets to 1.9%, Lowest in Years
Inflation in the eurozone has dropped sharply to 1.9% in May, marking its lowest level since September 2021, thanks to a slowdown in services sector prices.
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ECB cuts interest rates by 0.25% amid global trade tensions
The European Central Bank has cut interest rates by 0.25 percentage points to address slowing growth and rising trade tensions affecting the eurozone economy.