In March, Eurozone inflation dropped to a four-month low of 2.2%. Despite this decline, concerns linger due to increasing monthly prices and ongoing services inflation, leading to divisions among members of the European Central Bank (ECB) before their April 17 meeting. Currently, markets are factoring in a 65% likelihood of a rate cut by the ECB.

Source: https://www.euronews.com/business/2025/04/01/eurozone-inflation-falls-to-22-could-the-ecb-cut-rates-this-month