‼️ 🇪🇺 BREAKING: Euro-area inflation accelerated to 3.3% year-over-year in August—the highest since September 2023—up from 2.9% in July, reinforcing expectations of a European Central Bank rate hike next week. While headline inflation surprised to the upside, core inflation (excluding food and energy) unexpectedly dipped to 2.4%, and services inflation eased to 3%. Markets now fully price in a 25-basis-point increase at the ECB’s September 10 meeting, with further tightening anticipated beyond June’s initial move
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