Eurozone inflation favorable news may be overshadowed by French election drama

Jinshi Data June 30th news, institutional analysis pointed out that officials attending the central bank annual meeting of the European Central Bank this week will find it difficult to avoid the political drama that is sweeping through France, the second largest country in the euro zone. Before the opening of this year’s meeting, when the European Central Bank opened the interest rate cut, France held early national parliamentary elections that shocked the European continent. This turmoil may overshadow the favorable news that may occur on Tuesday, that is, the inflation data in June is close to the target of 2%, which may boost people’s hopes for more rate cuts shortly after the first rate cut in June.

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