{"id":473122,"date":"2026-06-02T22:45:14","date_gmt":"2026-06-02T22:45:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/473122\/"},"modified":"2026-06-02T22:45:14","modified_gmt":"2026-06-02T22:45:14","slug":"eurozone-inflation-rises-to-3-2-ecb-interest-rate-hike-looms","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/473122\/","title":{"rendered":"Eurozone Inflation Rises to 3.2%, ECB Interest Rate Hike Looms"},"content":{"rendered":"<p data-type=\"paragraph\" data=\"[object Object]\" class=\"css-1qg6i2u eku5yup0\">Higher energy costs and a pickup in services prices drove <a data-type=\"subject\" href=\"https:\/\/www.wsj.com\/topics\/subject\/inflation\" target=\"_blank\" class=\"ekxajjj0 css-i0lbhy-OverridedLink\" rel=\"nofollow noopener\">inflation<\/a> in the eurozone further beyond the European Central Bank\u2019s target in May, cementing expectations that policymakers will raise the key interest rate next week.<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" class=\"css-1qg6i2u eku5yup0\">Ahead of the first U.S. and Israeli strikes on Iran at the end of February, inflation in the 21-nation currency area had been close to the ECB\u2019s 2% target for around a year, falling below the threshold to 1.7% in January. The central bank\u2019s President Christine Lagarde had repeatedly said monetary policy was in a \u201cgood place.\u201d<\/p>\n<p class=\"css-16aepit e1jdulti0\">Copyright \u00a92026 Dow Jones &amp; Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8<\/p>\n","protected":false},"excerpt":{"rendered":"Higher energy costs and a pickup in services prices drove inflation in the eurozone further beyond the European&hellip;\n","protected":false},"author":2,"featured_media":473123,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,2793,29360,142170,184,1945,219831,1435,63,120434,219835,219832,219836,27750,85,77777,24520,142171,4486,46,219834,10361,92867,188,142172,91998,219833,19806,10559,91999],"class_list":["post-473122","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economic-news","tag-economic-performance","tag-economic-performance-indicators","tag-economy","tag-electricity","tag-electricity-gas-utilities","tag-energy","tag-europe","tag-european-union-countries","tag-eurozone-data","tag-eurozone-data-policies","tag-gas-utilities","tag-gcapi","tag-il","tag-indicators","tag-inflation-figures","tag-inflation-figures-price-indices","tag-interest-rates","tag-israel","tag-linkendrnrealtime-linkedarticle-dnco20260602002908","tag-monetary-policy","tag-newsplus","tag-policies","tag-price-indices","tag-risk-topics-geopolitics","tag-services-sector-figures","tag-synd","tag-utilities","tag-wsj-pro-wsj-com"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/473122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=473122"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/473122\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/473123"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=473122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=473122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=473122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}