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Event Brief

ECB rate hike expected after energy-driven inflation jump

Eurozone inflation is running at 3.3% as energy costs surge, and markets are pricing in another ECB rate rise on 10 September. ECB economists say the current energy-driven inflation episode is unlike the demand-fuelled surge seen in 2021-22.
WHO: ECB economists
WHAT: Markets price in another ECB rate rise on 10 September as eurozone inflation reaches 3.3% amid surging energy costs.
WHEN: Reported Sep 2, 2026 at 1:00 AM ET
WHERE: Eurozone
WHY: Cause not yet established.

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