Eurozone Inflation Drops, But Watched Closely | Dublin News

Inflation in the Euro zone dipped to 2.8% in June—better than expected—offering ECB hope as energy prices cool and core inflation falls. Investors are breathing easier, and ECB chief hints at less aggressive rate hikes, but inflation remains above target for four straight months. Companies still pass on energy costs, and markets expect at least one more rate hike by year-end, with the euro holding steady amid lingering uncertainty. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e74de2e7e041ca36