Euro Zone Inflation Rises Above 3% on Higher Energy Costs

Euro zone inflation is back above 3%. Higher interest rates are likely to follow

The European Central Bank is seen hiking rates in September as the Iran war raises energy costs in the region.

Euro zone inflation rises above 3% on higher energy costs

Euro zone inflation rose back above 3% in August on higher energy costs, cementing an already solid case for ⁠another European Central Bank interest rate hike this month as the Iran war keeps putting upward pressure on prices.

Euro zone inflation rises above 3%, cementing ECB rate hike bets

Euro rates and inflation are out of sync — BofA sees opportunity

Wall Street slips as oil prices surge on sharp U.S.-Iran escalation Investing.com -- Bank of America said in a note Monday that euro area interest rate and inflation expectations have become inconsistent, and that the mismatch offers trading opportunities as markets price in too many European…

Euro Faces Inflation Test As ECB Rate Hike Odds Waver: BNY

BitcoinWorld Euro Faces Inflation Test as ECB Rate Hike Odds Waver: BNY The euro’s near-term trajectory hinges on upcoming inflation data, which will test market expectations for further European Central Bank (ECB) rate hikes, according to BNY Mellon strategists. Inflation Data as a Catalyst The upcoming euro-area inflation report is set to be a key catalyst for the single currency, as investors look for clues on whether […] This post Euro Faces…