Euro zone inflation edges higher, hitting ECB's 2% target in June
Publishing timestamp: 2025-07-01 09:07:19
Summary
Euro zone inflation rate reaches 2%, in line with ECB's target. Services inflation picks up to 3.3% in June. ECB Chief Economist believes last cycle of monetary policy interventions is done, but external factors could still impact inflation trajectory. Analysts warn of potential economic shocks. ECB expected to hold rates steady in July, but could cut rates in September.
Sentiment: NEUTRAL
Tickers: EUR=,
Keywords: prices, italy, eur/usd, spain, france, germany, business news, inflation, economy, philip lane, breaking news: europe,