Inflation & Prices
Euro-Zone Inflation Bump Won’t Alarm ECB Inching to Rate Pivot
- December reading is anticipated by Lagarde to show uptick
- Moderating slowdown may help ECB case in standoff with traders
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The euro region probably ended 2023 with an upward bump in inflation that policymakers are already poised to take in their stride as they meander toward interest-rate cuts.
Consumer prices rose 3% in December from a year earlier, in the first acceleration for eight months, according to the median of 29 forecasts in a Bloomberg survey of economists before next Friday’s data.