ECB will hike rates even though a fall in inflation signals the worst may be over

Inflation appears to be nearing a peak barring weather, war or Covid upsets. But that’s not enough to stop the European Central Bank from making another big rate hike.

The bloc’s statistics agency’s flash estimate shows that euro-zone and Ireland price increases eased in November, falling to 10 percent and 9 percent yoy, respectively.

https://www.independent.ie/business/world/ecb-to-hike-rates-even-as-fall-in-inflation-signals-worst-may-be-over-42186371.html ECB will hike rates even though a fall in inflation signals the worst may be over

Fry Electronics Team

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