Is European inflation making a comeback, or just pausing before relief? August brought a minor but notable surprise for the eurozone inflation rate, which ticked up to 2.1%, slightly above expectations and the European Central Bank's target. Core inflation—which weeds out the noisy stuff like energy and food—held at 2.3% for a fourth straight month, revealing that underlying price pressures are proving stubborn but not spiraling.
Economy
Eurozone Inflation Nudges Above Target
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IMF to cut 2026 growth forecast in Tuesday outlook
The IMF heads into Washington as the global outlook darkens, with the Iran war lifting energy costs, inflation and pressure on households.
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