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Bloomberg — Economy — Eurozone Inflation — Economics — Monetary Policy — Inflation

Euro-Area Core Inflation Hits Record, Backing Case for ECB Hikes

Euro-area core inflation rises to record high of 5.7% in March, supporting the case for ECB rate hikes. Headline inflation drops to 6.9% from 8.5% in February.

1 min read
  • Euro-area core inflation hits record at 5.7% in March.
  • Headline inflation drops to 6.9% from 8.5% in February.
  • ECB officials are increasingly focused on underlying measure.
  • Money markets pare rate-hike wagers, investors expect 3.61% peak by October.
  • ECB's last month rate increase was to 3%, no guidance on what happens next.
Euro-Area Core Inflation Hits Record, Backing Case for ECB Hikes
Underlying inflation in the euro area hit a record in March, handing ammunition to European Central Bank officials who say interest-rate increases aren’t over yet.
BloombergAlexander Weber

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