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Country Focus

Euro Strength And Subdued Inflation Justify Further ECB Cuts

by Felix-Antoine Vezina-Poirier, Chief Strategist  

June Eurozone inflation data and soft growth backdrop support further ECB easing and reinforce the case for long European bond exposure. Flash HICP inflation ticked up to 2.0% y/y from 1.9%, while core inflation held steady at 2.3%, both in line with…

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