As inflation in the Eurozone decelerates to a more manageable rate of 2.4% in March 2023, the European Central Bank (ECB) considers easing its stringent monetary policies, introduced to combat the peak levels seen at the end of 2022. This shift arrives amidst a declining trend in energy prices and the effective tightening of monetary policy.
Olli Rehn, Governor of the Bank of Finland, hinted at a potential easing of monetary restrictions by mid-2024, contingent on the continued deceleration of inflation rates.