Eurozone Inflation, at 2.6%, Continues to Ease

The News

rates across most economies in Europe continued their descent last month. Consumer prices in the 20 countries that use the euro as their currency rose at an annual rate of 2.6 percent in February, down from 2.8 percent in January, the statistical office of the European Commission reported on Friday.

Why It Matters: Interest rates won’t go down until inflation does.

The sooner inflation rates drop closer to the European…