Later today, the US Bureau of Labor Statistics will publish its June inflation data. Thanks to declining energy prices, economists expect the annual inflation rate to decline to 1.6% while core inflation should remain stable at 2.0% year-on-year. In the Eurozone, meanwhile, the final inflation numbers for June will also be published. There, inflation hovers barely above 1% despite negative deposit rates at the ECB and a mandate for the ECB to target 2% inflation in the medium term.
The inflation trust game
The inflation trust game
The inflation trust game
Later today, the US Bureau of Labor Statistics will publish its June inflation data. Thanks to declining energy prices, economists expect the annual inflation rate to decline to 1.6% while core inflation should remain stable at 2.0% year-on-year. In the Eurozone, meanwhile, the final inflation numbers for June will also be published. There, inflation hovers barely above 1% despite negative deposit rates at the ECB and a mandate for the ECB to target 2% inflation in the medium term.