Eurozone inflation rises to 3.3% in August, increasing pressure for an ECB rate hike

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Eurozone inflation rises to 3.3% in August, increasing pressure for an ECB rate hike

⚡ Markets: Increases the probability of a hawkish ECB, which would be bullish for the Euro and bearish for European equities and bonds.EURUSDStoxx 600Bund

Inflation in the Eurozone climbed to a near three-year high of 3.3% in August, driven by energy costs exacerbated by the Middle East conflict. The higher-than-expected figure strengthens the case for the European Central Bank to raise interest rates at its upcoming meeting.

West MSM 1Google West 2Financial press 2Non-West State 15 countries

6 sources across the spectrum

Google WestGoogle News (Spain) — La inflación se dispara en la eurozona, con España a la cabeza de los grandes, y augura más subidas de tipos

Financial pressWall Street Journal — Eurozone Inflation Climbs to Near Three-Year High Ahead of ECB Meeting

Financial pressFinancial Times — Eurozone inflation rises to 3.3% in August

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

Non-West StateDaily Sabah — Eurozone inflation climbs to 3-year high, testing ECB's resolve

Google WestGoogle News (Hungary) — Közel hároméves csúcson az infláció az eurózónában, gyakorlatilag biztos az újabb kamatemelés

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