ECB Expected to Hold Deposit Rate at 2.25% on July 24 Following June Rate Hike

According to Jin10 data, the European Central Bank is expected to maintain its deposit rate at 2.25% on July 24 following a 25 basis point increase in June. Market consensus reflects heightened uncertainty about policy direction. The expectation is supported by eurozone core CPI declining to 2.4% in June from 2.6% in April, providing ECB officials with more time to assess economic conditions amid geopolitical risks.
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