Euro-Zone Inflation Accelerates But Won't Derail ECB Cuts.

Euro-area inflation has exceeded the European Central Bank's 2% target, driven by energy base effects and elevated services costs. Despite this, ECB officials are expected to continue lowering interest rates in the coming months. While some policymakers advocate for rapid rate cuts to stimulate growth, others caution against hasty decisions due to persistent inflation in certain sectors and geopolitical uncertainties. The ECB's upcoming projections for growth and prices will play a crucial role in determining the extent of future policy loosening. [Extracted from the article]