Inflation in the euro zone has fallen to a three-year low and unemployment is at a new record, data showed on Tuesday, raising expectations of an interest rate cut by the European Central Bank to reignite the stagnant economy. Inflation dropped to a surprise 1.2 percent in April, the lowest level since February 2010 and the biggest monthly drop in more than four years, the EU's statistics office Eurostat said, reflecting the state of an economy in recession. That put the annual rate of increase in the cost of living well below the ECB's target of close to, but below 2 percent, while economists polled by Reuters had ... (full story)