51�Թ�

“There’s no disinflation momentum right now,” she said.

Minutes from the Federal Reserve's January meeting released on Wednesday revealed members of its committee believe Trump's policies might "hinder the disinflation process".

The latest numbers seem to support the view that the apparent acceleration of prices earlier this year was a statistical blip, and that disinflation is still on track.

“The European Central Bank will be cautious and is unlikely to lower interest rates at the July meeting, given the momentary interruption of disinflation, especially in services, and the strong wage data,” Mr. Fabiani said.

“Overall, the view that disinflation is in the economy — that is still intact,” Bostjancic said following the fresh inflation report.