Eurozone inflation rises, puts ECB under pressure

Inflation in the Eurozone in September exceeds expectations, reaching 3.6%, due to rising energy prices resulting from the U.S. war on Iran. France, Italy, and Spain experienced a noticeable increase in inflation rates, with some countries surpassing the European Central Bank's target level of 2%. The bank anticipates inflation will rise to 4% by the end of the year, with ongoing pressure to hike interest rates, as the bank has already raised rates twice this year and expects further increases to strengthen inflation control.

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