finance
ECB Accounts Show Inflation Rising Through Summer, With Nearly Three Quarter-Point Rate Hikes Built In
@FirstSquawk reported that ECB accounts show headline inflation set to increase further over the summer. The projections indicate inflation staying well above target through the first half of 2027 despite nearly three embedded 25-basis-point rate hikes.
Jul 9, 7:32 AM·1m read1 source
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ECB accounts project headline inflation rising further over the summer and remaining well above target into the first half of 2027, @FirstSquawk reported. The accounts embed almost three 25-basis-point interest rate hikes in the projections. Each of the embedded hikes equals 25 basis points.
The total reaches almost three according to the accounts. The projections cover the period starting from the current date of July 2026. They reflect expectations for inflation trends despite the incorporated rate increases.
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