ECB policymakers warn of potential June rate hike
ECB officials suggest rates may rise in June as energy costs push inflation to 3%. Policymakers warn that high price growth could become entrenched soon.
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The ECB may hike interest rates in June as inflation hit 3%, exceeding the 2% target. This follows a decision on Thursday to hold the deposit rate at 2% while debating future tightening. Investors now price in three rate moves by year-end to counter energy-driven price spikes.
