ECB pauses interest rate hikes amid falling inflation
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Euro zone inflation, which peaked at 10.6% in October 2022, is expected to fall to 3.1% this month. This is closely aligned with the ECB's 2% target according to recent economic forecasts. In response to these developments, commercial lenders have been quick to adjust mortgage and loan rates. However, savers have seen less impact from these changes.
Euro zone inflation, which peaked at 10.6% in October 2022, is expected to fall to 3.1% this month. This is closely aligned with the ECB's 2% target according to recent economic forecasts. In response to these developments, commercial lenders have been quick to adjust mortgage and loan rates. However, savers have seen less impact from these changes.
