Eurozone Inflation

Eurozone Inflation Hits ECB’s 2% Target in June, Lagarde Pledges Continued Efforts

In a milestone for the European Central Bank (ECB), Eurozone inflation cooled to exactly 2% in June 2024, meeting the ECB’s long-standing target for the first time in nearly three years. The latest figures, released by Eurostat, signal that the bloc’s battle with soaring prices may finally be turning a corner. Yet while this achievement…