Confirmed drop in euro zone inflation reinforces expectations for ECB’s June rate cut plan

Open this photo in gallery: A shopper pays with a twenty euro banknote at a local market in Nantes, France, on Feb. 1.STEPHANE MAHE/Reuters

Euro zone inflation slowed across the board last month, reinforcing expectations for a European Central Bank interest rate cut in June, even as rising energy costs and a weak euro cloud the outlook, final data from Eurostat showed on Wednesday.…

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