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Euro zone inflation softens to 8.5% in February as ECB signals interest rate hiking is not over

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Euro zone inflation softens to 8.5% in February as ECB signals interest rate hiking is not over

All eyes on the latest inflation numbers out of the euro zone as market players consider what the ECB will do next.

Bloomberg | Bloomberg | Getty Images

Inflation in the euro zone eased slightly in the month of February, following comments from the European Central Bank chief that bringing the rate down will take some time.

Headline inflation across the 20-member bloc came in at 8.5% in February, according to preliminary data released Thursday….

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