✉news BusinessBanking first seen 7 h ago, last 1 h ago, peak #1
Euro zone inflation jumps, pressure builds on ECB to hike rates
Original: Inflation jumps across euro zone, raising pressure on ECB to hike
Inflation has risen across the euro zone, according to a Reuters report, adding to pressure on the European Central Bank to raise interest rates at its next meeting. The uptick comes as policymakers weigh how quickly to withdraw support while prices accelerate across member states, and markets are watching closely for signals on the timing of any further tightening.
Why now: Fresh inflation data across the euro zone is intensifying expectations of an ECB rate hike.
European Central BankEuro zoneReuters
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