Core inflation in the eurozone remained subdued at 1.2% in June, well below the headline European Central Bank (ECB) target of 2%. US inflation is near 1.7%, with the latest data confirming the US Federal Reserve is on track for an interest rate cut in July.
Core Inflation is defined as price changes that take out of the balance commodities with a volatile price fluctuation such as energy and food.
The inflation rate in the eurozone justifies maintaining an active monetary policy, according to...
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