21 May 2026 Eurozone Monitor EZ inflation hits 3%; ECB to hike next month, and again in July
19th May 2026 12:32EurozoneDaily Monitor
- Inflation in the Eurozone rose to 3% in April and will increase further in coming months.
- The ECB is on track for a 25bp rate increase in June, and we look for a back-to-back hike in July.
- A return to 2% inflation next year is a fool’s hope, and the ECB will have to adjust its outlook accordingly.
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