Eurozone inflation at 3% in April, rate hike likely in June
Eurozone inflation reached 3% in April, far from the European Central Bank's 2% target.
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Eurozone inflation reached 3% in April, far from the European Central Bank's 2% target
The fact
This persistence of inflation above target makes a refinancing rate increase likely in June.
Monetary policymakers must balance inflationary risk against emerging economic fragilities.
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