Eurozone inflation hits 3 percent as Iran war drives energy prices
Eurozone inflation reached 3 percent in April 2026 as the Iran war pushed energy prices higher and dimmed prospects of further rate cuts.
Macro, markets, ECB, trade, fiscal policy
Eurozone inflation reached 3 percent in April 2026 as the Iran war pushed energy prices higher and dimmed prospects of further rate cuts.
European Central Bank keeps deposit facility rate at 2 percent for the tenth straight month, with markets pricing in a possible summer hike.