Eurozone inflation expectations drop below 2% for first time since March

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Eurozone inflation expectations drop below 2% for first time since March
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Eurozone inflation expectations drop below 2% for first time since March Inflation Eurozone EconomicIndicator EURUSD

Reuters reported on Monday that the key market gauge of long-term Eurozone inflation expectations fell below 2% for the first time since March.

With increasing odds of a recession in the Eurozone amid a worsening gas crisis, there seems to be a little reprieve for the shared currency. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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