Eurozone inflation eases, boosting case for further ECB rate cuts

Eurozone inflation prospects improved while growth remained anaemic, fresh data showed on Friday, solidifying the case for further ECB rate cuts to stimulate an economy that has been stagnant for nearly two years.

Borrowing costs have already tumbled but the 20-nation currency bloc is stuck in low gear as manufacturing is in recession, consumers are unwilling to spend and firms, worried about a full-scale trade war with the US, are