Lagarde warns of inflation risks as eurozone CPI holds at 3.8%
- —Eurozone September inflation at 3.8%, energy adds 1.71 pp
- —Country spread: Germany 3.3%, Spain 5.0%, Greece 5.1%
- —ECB raised rates by 0.25 pp in June and September
- —Markets expect a December hike to 2.75%
Why it matters: Higher rates make risk assets less attractive, adding pressure on bitcoin and the broader crypto market.
Source: BTC-ECHO