Euro-Zone Inflation Holds Above Target as ECB Weighs Cuts
Euro-area inflation unexpectedly held steady and an underlying measure jumped in an awkward report for officials weighing how to respond to the economic hit from US tariffs.
Consumer prices rose 2.2% in April from a year ago, the same pace as in March, Eurostat said Friday. Economists had expected a slowdown to 2.1% in a Bloomberg survey.
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