#eurozoneinflation

EUR/USD bounced toward 1.1530 after firm Eurozone inflation, but hawkish Fed talk and Dollar strength kept the rally boxed in.

Lagarde has put a September ECB hike back on the table, with oil prices raising the inflation hurdle for a pause.

Lagarde kept ECB rate cuts boxed in, arguing modest growth isn't enough while energy inflation may stay above target into 2027.

The European Central Bank's latest professional forecaster survey reveals deepening economic uncertainty, with inflation expectations diverging sharply from policy targets and growth momentum slowing across the monetary union.