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Eurozone inflation stayed at ECB’s 2% target

Euro zone inflation holds at ECB target, supporting case for steady rates
Euro zone inflation held steady at the ECB's 2% target in July, confirming the bank's benign view on prices and strengthening the case for policymakers to keep interest rates on hold for some time after rapidly cutting borrowing costs.
Eurozone Inflation Holds Steady at Target, Leaving ECB in ‘Good Place’
Consumer prices in July were 2.0% higher than the same month of last year, matching the inflation rate of June.
Eurozone inflation stayed at ECB’s 2% target in July
July’s figure for annual inflation marked the second consecutive month that price rises stayed at the ECB’s medium-term target. But it was above the 1.9 per cent expected by economists polled by Reuters.
Benign figures suggest euro zone inflation remains around target
By Balazs Koranyi FRANKFURT (Reuters) -Euro zone inflation likely remained around the ECB's 2% target last month, a slew of national data indicated on Thursday, keeping pressure off policymakers to cut interest rates further after a year of rapid cuts in borrowing costs.
Euro zone inflation holds steady at higher-than-expected 2% in July
Euro zone inflation was unchanged at a higher-than-expected 2% in July, flash data from statistics agency Eurostat showed Friday. Economists polled by Reuters had expected the figure to hit 1.9%, after a 2% reading in June.
Eurozone inflation holds at 2% as the euro slumps against the dollar
Eurozone inflation held steady at 2% in July, easing pressure on the ECB. The euro is on track for its worst week since 2022 amid trade tensions and strong US data. View on euronews

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