The European Central Bank raised interest rates in June, but is not expected to do so next week. Photo: Jana Rodenbusch/Reuters
Economists: No ECB rate hike after new inflation data
The latest inflation figures in the eurozone suggest there will be no interest rate hike at next week’s European Central Bank (ECB) meeting, according to several economists. This follows Eurostat’s confirmation that annual inflation slowed to 2.8 percent in June, down from 3.2 percent in May....
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