
Euro inflation drop to 2.3% kills ECB hike hopes
Germany's CPI inflation dropping to 2.3% in June 2026 directly undermines immediate European Central Bank rate hike expectations.

Germany's CPI inflation dropping to 2.3% in June 2026 directly undermines immediate European Central Bank rate hike expectations.

EUR/USD holds near 1.1420 as an 82% Fed hike probability offsets cooler Eurozone inflation. See how policy divergence shapes trades.