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Euro-Area Inflation to Fall Below 2% on US Tariffs, EU Predicts

The headquarters of the European Central Bank (ECB) beyond containers at a freight terminal in Frankfurt. — The headquarters of the European Central Bank (ECB) beyond containers at a freight terminal in Frankfurt.Photographer: Alex Kraus/Bloomberg

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By Alexander Weber

May 19, 2025 at 9:00 AM UTC

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Euro-area inflation will fall below the European Central Bank’s target next year because of fallout from US trade policies, according to the European Commission.