ECB CPI steady at 2% in July, reinforces case for ECB pause through rest of 2025

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Eurozone inflation held firmer than expected in July, with headline CPI steady at 2.0% yoy, defying expectations for a slight dip to 1.9% yoy. Core CPI was unchanged at 2.3% yoy as forecast. Today’s inflation release reinforces the growing expectation that ECB already completed the easing cycle, as the bar for additional easing is increasingly […]The post ECB CPI steady at 2% in July, reinforces case for ECB pause through rest of 2025 appeared first on Action Forex.