Weak growth and lower inflation will prompt the ECB to cut interest rates further. But two factors could delay the process.
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Over the course of next year, the inflation rate in the eurozone is expected to return to two percent. This is what the European Central Bank (ECB) predicts in its new macroeconomic forecast. This would mean that it would once again achieve the target it has set itself, which it considers to be fulfilling its mandate of ensuring price stability.
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Source: Stern