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✉news BusinessEconomy first seen 2 d ago, last 1 d ago, peak #6

Eurozone inflation rises to 4%, lifting case for December ECB rate hike

Original: Eurozone Inflation Rises to 4%, Boosting Case for ECB Interest Rate Hike in December

Eurozone inflation has climbed to 4%, strengthening expectations that the European Central Bank will raise interest rates at its December meeting. The figure keeps price growth well above the ECB's 2% target, putting pressure on policymakers to act despite concerns about slowing growth in the region.

Why now: Fresh inflation data points to another ECB rate hike in December, with consequences for borrowing costs and markets across Europe.

European Central BankEurozone

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