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The European Central Bank has risen to the average goal of the Central Bank and rose to 2 percent in June.
Annual inflation reading of June, published on Tuesday, increased by 1.9 percent, and in accordance with the expectations of a reuter voting.
The head of the European Economic Economy in S & P Global Market intelligence Diego Iscaro said the increase was “modest” and “not particularly bothered.”
He added ECB In July, we see interest rates at the next meeting, “We see the opening of the last (quarter-point) door in September.” The Central Bank halved the ratios of 2 percent in the last summer.
ECB President Kristin Lagarde said that the Central Bank was “reaching the end of the period of money” last month.
Except for changeable food and energy prices, it was stable in June 2.3 percent.
Figure inflation closely for services – more than three years of target, a size for internal price pressures exceeded by 2 percent, 3.3 percent, 3.2 percent in May.
Euro was mainly unchanged after Europe was issued after $ 1,181 on Tuesday.
The currency has appreciated 14 percent since the beginning of the year, and the eurozone has a low impact on a low importance, cheaper and wider pressure.
After Israel began to be bombed in Iran in June, the price of oil was temporarily increased by 36 percent. However, the majority of these gains were reversed after the United States had access to the conflict and made a ceasefire broker.
After the June inflation figures were published, market expectations were not changed to reduce interest rates. Traders, according to the levels expressed with the markets of the SVAPs, the next meeting of the ECB continued to give about 10 percent chance to reduce the quarter-point rate in the next meeting of the ECB.
