✉news BusinessEconomy first seen 17 h ago, last 2 h ago, peak #4
Eurozone inflation hits 3.8%, pressuring ECB on rates
Original: Eurozone Inflation Hits 3.8%, Adding Pressure on the ECB to Raise Interest Rates Again
Inflation in the eurozone has reached 3.8%, keeping prices well above the European Central Bank's 2% target and increasing expectations that the ECB will raise interest rates again. Analysts and investors are watching how the bank balances fighting inflation against the risk of slowing economic growth across the currency bloc.
Why now: Fresh inflation data is fuelling speculation about the ECB's next interest rate decision.
Rank over time, top of the chart is #1. 8 snapshots from 11 h ago to 2 h ago.
Evidence
- Eurozone Inflation Hits 3.8%, Adding Pressure on the ECB to Raise Interest Rates Again · Morningstar
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