Euro zone inflation is back above 3%. Higher interest rates are likely to follow
5 sourcesUpdated Sep 1, 2026
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The ECB waited too long on this one, now they'll have to raise faster and it'll hurt more.
Energy and food prices are still the real drivers here, rate hikes won't fix a supply problem.
Great, my mortgage rate goes up right when my grocery bill's already through the roof. Perfect timing.
