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Underlying inflation has likely peaked in 1H 2023 - ECB

Median and mean underlying inflation measures suggest that underlying inflation has likely peaked in the first half of 2023Most measures of inflation were showing signs of easingThe latest inflation data for July was broadly in line with expectationsThis seems to be a supportive piece to manage market expectations I would say. If anything else, it points to further evidence that the ECB is trying to steer markets towards the idea that we might not get another rate hike in September. Adding to th... Read More

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Content Topics

Underlying

Inflation

Likely

Peaked

2023

Forex

Posted: Aug 4 2023, 09:05

Author Name: forexlive

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