✉news BusinessEconomy first seen 11 h ago, last 46 min ago, peak #4
Eurozone Inflation Hits 3.8%, Raising Pressure on ECB
Original: Eurozone Inflation Hits 3.8%, Adding Pressure on the ECB to Raise Interest Rates Again
Eurozone inflation has risen to 3.8%, according to a Morningstar report, intensifying pressure on the European Central Bank to raise interest rates again at its next meeting. The figure keeps price growth well above the ECB's 2% target, fueling debate among economists and investors over how much further monetary policy will need to tighten.
Why now: Fresh inflation data points to further ECB rate hikes, affecting markets, borrowers and savers across Europe.
European Central BankEurozoneMorningstar
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- Eurozone Inflation Hits 3.8%, Adding Pressure on the ECB to Raise Interest Rates Again · Morningstar
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