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Country Focus

Eurozone Inflation Steady, But Macro Headwinds Persist

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Euro area inflation held steady in July, but near-term risks remain. Long-term investors should buy on dips. Headline and core HICP came in at 2.0% and 2.3% y/y, roughly in line with expectations. The ECB held its deposit rate at 2% at its last meeting…

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