Trader who predicted Fed's July freeze reveals why Germany's 2% inflation matters for your EUR/USD positions
Key Points
- Germany's inflation defied expectations, holding steady at 2...
Germany's inflation just did something peculiar: it stayed exactly where economists didn't expect it to. While forecasters were betting on a cool 1.9%, Germany's annual inflation decided to park itself at a steady 2% in July, proving once again that the economy has a sense of humor.
When Numbers Tell Two Different Stories
Here's where it gets interesting. Germany's regular Consumer Price Index hit 2%, but the Harmonized Index (the one the European Central Bank actually cares about) dropped from 2% to 1.8%. It's like having two thermometers in the same room showing different temperatures ...
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