The ECB is still under pressure to raise key rates further – Commerzbank ECB Inflation Eurozone InterestRate Banks
further remains high, economists at Commerzbank report.“According to preliminary calculations by Eurostat, the inflation rate in the euro area fell by an impressive 1.6 percentage points to 6.9% in March. The core inflation rate – i.e. the year-on-year rate of change in the consumer price index excluding energy, food and beverages – rose by 0.1 percentage points to 5.7%.”
“The ECB has repeatedly emphasized that it is currently focusing primarily on the core inflation rate. In this respect, theInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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