Market Insight: Inflation data will 'prevent' ECB from cutting rates in July | REUTERS

Euro zone inflation eased last month but a crucial services component remained stubbornly high. Joachim Klement from Panmure Liberum believes that this 'will likely prevent the ECB from cutting interest rates in its July meeting,' but that a September or October rate cut is very much on the cards. #News #eurozone #marketinsight #markets #Reuters #Newsfeed Read the story here: https://reut.rs/3W6ExZt 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en