Inflation Returns to the Euro Area and Puts the ECB Under Pressure
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4 Articles
Key takeaways Sharply rising energy costs resulting from the conflict in Iran have driven inflation in major European economies significantly higher than expected, increasing pressure on the European Central Bank (ECB) to implement further interest rate hikes. Although the ECB has already raised interest rates twice this year to the […]
Prices climbed much more than expected in September in France, Italy and Spain, driven by energy and the conflict in the Middle East. Inflation in the Middle East is rising again in the euro area and puts the ECB under pressure.It appeared first on Le Singulier.
Prices continued to fly in September in France, Germany, Italy and Spain, which is expected to give arguments to the Governors of the European Central Bank (ECB) in favour of further monetary tightening by the end of the year.
Prices have risen much faster than expected in some of the biggest economies in the bloc this month, due to the shock in energy prices caused by the war with Iran
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