Euro zone inflation has risen above 3%, which may lead to higher interest rates. The European Central Bank is expected to increase rates in September.
This decision is influenced by rising energy costs in the region, which are a result of the Iran war.
Further details on the expected rate hike and its implications are available from the source, providing more insight into the potential economic changes ahead.
Recent coverage curated from local and regional sources.
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The European Central Bank is seen hiking rates in September as the Iran war raises energy costs in the region.
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