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
The European economy has slogged through quarter after quarter of near-zero growth
Analysts say the quarter-point cut is unlikely to usher in a swift series of further cuts
Many central banks are tilting toward undoing some of the sharp hikes to interest rates
Price rises slow down in two biggest economies: Germany and France