The ECB's benchmark rate sits at 2.75% now, as consumers fret about inflation and businesses navigate political risk
The benchmark European rate is now 3%
The ECB started cutting rates in June as worries about growth came into sharper focus
Falling energy prices providing relief from burst of inflation that reached double digits
Inflation in Europe is now down to 2.2%, close to the bank’s target of 2%
The question is, how many of its recommendations will the EU act on?
The door's now open for the European Central Bank to cut interest rates
The rise in prices complicates the ECB's next decision on whether to cut interest rates
Germany, the leading European economy, remained in the dumps in the April-June quarter
European Central Bank is waiting for signs that inflation is under control