✉news BusinessBanking first seen 17 h ago, last 53 min ago, peak #1
Euro zone inflation jumps, raising pressure on ECB to hike
Original: Inflation jumps across euro zone, raising pressure on ECB to hike
Inflation across the euro zone has risen again, according to a Reuters report, strengthening the case for the European Central Bank to raise interest rates. The uptick adds to pressure on policymakers who have been weighing how aggressively to tighten monetary policy, and it is likely to fuel debate over the bank's next rate decision.
Why now: Fresh inflation data is reshaping expectations for the ECB's next interest rate move.
European Central Bankeuro zone
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