Eurozone inflation fell to 2.8% in June 2026, below the 3.0% forecast. Core CPI dropped to 2.4% as energy and food prices eased across the currency bloc.
The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war.
ECB may pause rate hikes after June increase as Eurozone inflation drops to 2.8% and oil prices fall following U.S.-Iran peace deal. Officials cite improved risk balance.