Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut

Euro zone inflation eased to 2.4% in February, slightly above analyst expectations of 2.3%, with core inflation at 2.6% and services inflation at 3.7%. Energy price hikes slowed to 0.2% from 1.9% in January. Geopolitical uncertainty and trade tensions remain key factors affecting inflation outlook, with the ECB expected to announce another interest rate cut at its upcoming meeting to address the ongoing economic challenges.

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