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9.3
Warsh: Inflation Too High, Cites 3 Reasons for Rising Bond Yields
InfoMoney·US·about 21 hours ago
Eurostat data shows Romania recorded the highest annual inflation in the EU at 6.3% in August, versus a 3.2% bloc average, continuing its position as the region's inflation outlier. The gap suggests persistent domestic price pressures, likely driven by fiscal and wage dynamics, and may keep the central bank on a tightening bias relative to peers. Sweden and Estonia recorded the lowest rates, underscoring divergent inflation paths within the bloc.