Eurozone inflation rises to 3.3% in August, supporting rate hikes
Eurozone inflation rose to 3.3% in August, the third straight month of gains, strengthening the case for European Central Bank rate hikes and adding fuel to the global bond selloff.
By Alexander OsipovichInflation in the eurozone rose to 3.3% in August, the third consecutive month of gains, bolstering the case for the European Central Bank to hike rates and adding more fuel to the global bond selloff.The annualized inflation rate has been stuck above the bank's 2% target since…