Eurozone inflation remains high, and the Central Bank may still lower interest rates to 1.75% in September.

[Golden Finance] According to reports, Melanie Debono from Panson Macro wrote in her report that despite the lack of relief signs in Eurozone inflation, the European Central Bank may lower interest rates again in September. Data shows that the annual inflation rate in the Eurozone remained unchanged at 2.0% in July, with core inflation also stable. Debono stated that as food inflation accelerates and the base effect of oil prices impacts, Eurozone inflation may rise again in the remaining months of this year. However, she pointed out that the European Central Bank would view the turbulent market and the weakness of the US economy as sufficient reasons to lower the interest rate to 1.75% in the September meeting. If core inflation decreases in August, it will further solidify this action.