tldr; Eurozone inflation rates have dropped to 1.8% in September, the lowest since mid-2021, down from 2.2% in August and 4.3% in September 2023. This decline has fueled speculation of potential interest rate cuts by the European Central Bank (ECB) in October. Core inflation, excluding volatile items, is at 2.7%. The ECB previously reduced rates from 4% to 3.5% and may cut further to 3.25%. ECB President Christine Lagarde projects economic growth and resilient labor markets, with inflation expected to stabilize.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
middlemangv on
Noup. Inflation is crazy and it doesn’t feel like it’s going down.
kirtash93 on
Even thought inflation goes “down” its a trick because it is calculated discounting last year month inflation meaning that we will always live carrying the past inflation. We are living in a ponzi scheme.
3 Comments
tldr; Eurozone inflation rates have dropped to 1.8% in September, the lowest since mid-2021, down from 2.2% in August and 4.3% in September 2023. This decline has fueled speculation of potential interest rate cuts by the European Central Bank (ECB) in October. Core inflation, excluding volatile items, is at 2.7%. The ECB previously reduced rates from 4% to 3.5% and may cut further to 3.25%. ECB President Christine Lagarde projects economic growth and resilient labor markets, with inflation expected to stabilize.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Noup. Inflation is crazy and it doesn’t feel like it’s going down.
Even thought inflation goes “down” its a trick because it is calculated discounting last year month inflation meaning that we will always live carrying the past inflation. We are living in a ponzi scheme.