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ECB President Declares End to Eurozone Disinflation Phase

The central bank leader notes that price-related risks have narrowed following the conclusion of the disinflation period in the Eurozone.

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Terms & Concepts
  • Disinflation: A slowdown in the rate of inflation, where prices continue to rise but at a reduced pace.
  • Eurozone: A group of European Union countries that use the euro as their official currency.