Analysis:
Inflation in the euro area reached 3.2% in August year-on-year, confirming persistent upward pressure on prices. This situation could keep the ECB focused above all before any adjustment to its monetary policy. Higher rates for longer may weigh on consumption and some risky assets.
#Inflation #EuroArea #ECB
Inflation in the euro area reached 3.2% in August year-on-year, confirming persistent upward pressure on prices. This situation could keep the ECB focused above all before any adjustment to its monetary policy. Higher rates for longer may weigh on consumption and some risky assets.
#Inflation #EuroArea #ECB