Inflation in the Eurozone rose to 2.2 percent in November, exceeding the European Central Bank's 2.0 percent target and surprising economists.Professor Joe Nellis from MHA stated that the underlying picture remains uneven with fragile disinflation and persistent pressure from services, while ECB President Christine Lagarde emphasized a data-dependent approach to interest rate decisions.Senior
ECB officials, including Chief Economist
Philip Lane and
Austrian National Bank President
Martin Kocher, signaled that further easing may be limited, as debate continues over inflation trends and future
ECB rate cuts if inflation drops below target.