Inflation Slows Amid Eurozone Growth
US inflation slowed for the second consecutive month in July, reaching 3.4%, down from 3.5% in June.
This development aligns with market expectations and adds to speculation that the Federal Reserve will maintain its current interest rate at 3.5%-3.75%
The eurozone's economy experienced a modest growth of 0.4% in Q2, following zero growth in Q1.