ECB Targets Match Eurozone's December Inflation

Eurozone inflation eased to 2.0% in December, matching ECB target.
Energy prices fell 1.9% year-on-year, slowing inflation.
Core inflation eased to 2.3%, services inflation cooled to 3.4%.
December consumer prices rose 0.2% after a 0.3% fall.
Ireland and Austria saw 0.6% price rises; Malta and Estonia fell 0.5% and 0.4%.
Food, alcohol, tobacco inflation rose to 2.6%; non-energy goods slowed to 0.4%.
Markets saw limited moves: DAX up 0.5%, Bund yields down 5 bps to 2.78%.
Polymarket predicts 97% odds of unchanged rates on Feb 5.
ECB board members say easing cycle near end, data-dependent.
Joe Nellis notes price pressures normalizing after turbulent years.
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