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via wsj.comEconomy

Eurozone inflation climbs again, driven by energy costs

FROM THE WIRE · WSJ.COM

Inflation rose for a fourth straight month as energy costs continued to rise, reinforcing expectations that the ECB could hike its key interest rate again after holding it last week.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishRising inflation strengthens expectations of another ECB rate hike, affecting bonds and the euro.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Inflation rose for a fourth straight month.
  2. 02Energy costs continued to rise.
  3. 03The ECB held its key rate last week.

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