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UK Inflation Falls Sharply, Euro-Zone Inflation Slows More Quickly
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UK inflation falls sharply, indicating a likely end to rate hikes in 2024. Euro-zone inflation is expected to slow more quickly than predicted, with core inflation remaining elevated. ECB chief economist emphasizes the need for further progress in lowering underlying inflation. Euro zone inflation remains stubborn, intensifying rate hike debate within the ECB.
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How might the end of rate hikes impact the UK economy?
What factors contribute to the slower inflation rate in the euro-zone?
What measures can the ECB take to address the high core inflation in the euro zone?
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