The drop in interest rates is not happening right away. The ECB still remains very vigilant on services and salaries.

At 2.6% in February, after 2.8% in January, the average price increase in the euro zone nevertheless continues to decline. “ This is a strong argument to support the thesis that the medium-term inflation outlook is indeed converging towards the 2% objective,” analyzes Eric Dor, economist at the 'Ieseg. However, underlying inflation - excluding energy and food - still remains at 3.3%. And…