[HIGHLIGHTS] Inflation weakened to 2.2 percent in March

Inflation weakened to 2.2 percent in March. Cheaper energy and food pushed inflation to its lowest level in almost three years.

The Frankfurt monetary authorities are aiming for an inflation rate of two percent in the euro zone. According to a survey by the Reuters news agency, a large majority of economists currently expect a first interest rate cut in June. Ifo economics chief Timo Wollmershäuser: "From a German perspective, there is nothing to speak against the ECB cutting interest rates soon"