Economists expect another interest rate hike by the European Central Bank Core inflation in the Eurozone accelerated in June, the statistics agency Eurostat revealed last week. In the 20 countries that share the euro, core consumer prices – which exclude food and energy – gained 5.5% year-on-year, up from a preliminary estimate of 5.4% and a reading of 5.3% in May, the data showed. Economists polled by Bloomberg expect underlying inflation to exceed the overall figure up to the end of 2024. “We expect sticky core inflation through summer will dominate the debate and push the ECB to deliver a last hike in September
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