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EU cuts inflation forecast for 2024 despite uncertainty
EU cuts inflation forecast for 2024 despite uncertainty
Economy
by  AFP

The EU on Wednesday predicted lower inflation in the eurozone in 2024 than previously forecast but warned the single-currency area's economy still faced risks from geopolitical tensions including wars in Ukraine and Gaza. But he warned that Wednesday's "forecast remains subject to high uncertainty and -- with two wars continuing to rage not far from home -- downside risks have increased".