European Central Bank: Inflation risks support another hike - Nordea

European Central Bank: Inflation risks support another hike - Nordea

Source: EODHD - https://www.fxstreet.com/news/european-central-bank-inflation-risks-support-another-hike-nordea-202609011207
Published: Sep 01, 2026 8:07 AM

Nordea strategists note that Euro-area flash inflation rose to 3.3% year-on-year in August, driven mainly by higher energy inflation, while core inflation edged down to 2.4% on weaker services.

Market context: This update is relevant to EUR traders, with EURUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.