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Article Summary
- Inflation in Europe rose to 2.3%
- Despite the rise in inflation, the Central Bank is still planning to cut interest rates
- The European Central Bank is expected to announce a stimulus package to boost the economy
- The decision to cut interest rates is aimed at stimulating economic growth
- The article discusses the potential impact of the interest rate cut on businesses and consumers Tone: Neutral
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Inflation Rose To 2.3% In Europe. That Wont Stop The Central Bank From Cutting Interest Rates
FRANKFURT, Germany (AP) Inflation in the 20 countries that use the euro currency rose in November but that likely wont stop the European Central Bank from cutting interest rates as the prospect of new U.S. tariffs from the incoming Trump administration adds to the gloom over weak growth.The European Unions harmonized index of consumer prices stood up 2.3% in the year to...
https://kstp.com/kstp-news/business-news/inflation...
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