Spanish Inflation Quickens, Backing Higher-for-Longer ECB Rates

Spanish Inflation Quickens, Backing Higher-for-Longer ECB Rates

Spanish inflation accelerated for a second month, demonstrating the persistent price pressures that the European Central Bank’s higher-for-longer approach to interest rates is seeking to stamp out.

Spain Inflation Jumps, Backing Higher-for-Longer ECB Rates

(Bloomberg) — Spanish inflation accelerated for a second month, demonstrating the persistent price pressures that the European Central Bank’s higher-for-longer approach to interest rates is seeking to stamp out.