ECB rate hike looms as energy shock pushes inflation to 3.3%
With eurozone inflation at 3.3% and energy costs surging, markets are pricing in another ECB rate rise on 10 September. ECB economists say this energy-driven episode looks nothing
With eurozone inflation at 3.3% and energy costs surging, markets are pricing in another ECB rate rise on 10 September. ECB economists say this energy-driven episode looks nothing like the demand-fuelled surge of 2021-22.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.