# ECB faced with rise in inflation in eurozone

> On October 29, 2026, the Governing Council of the European Central Bank kept its key interest rate at 2.5%, while signaling risks linked to rising energy prices. On November 3, the president of the Bundesbank estimated that a further rate hike would "very probably be necessary" in December to counter inflationary risks. On November 4, eurozone inflation exceeded 4% in October, a three-year high, driven by a surge in energy prices of over 20%, placing the ECB under pressure on its rate path.

**In brief**: Ongoing story bringing together 3 events nationwide, followed from 29 October 2026 to 4 November 2026. 10 articles from 7 sources (economy); last updated on 4 November 2026 at 12:47.

- Status: ongoing
- Category: Economy
- Place: Nationwide
- First detected: 29 October 2026 at 14:27
- Updated: 4 November 2026 at 12:47
- Web page: https://acturadar.com/en/stories/287-ecb-faced-with-rise-in-inflation-in-eurozone

## Timeline (3 events)

### 29 October 2026 — [The ECB keeps its main interest rate unchanged at 2.5%](https://acturadar.com/en/events/3948-the-ecb-keeps-its-main-interest-rate-unchanged-at-2-5.md)

The Governing Council of the European Central Bank decided to keep its main interest rate unchanged at 2.5%, while signaling risks related to rising energy prices.

6 sources, 8 articles · Nationwide

### 3 November 2026 — [A December ECB rate hike deemed "very likely necessary"](https://acturadar.com/en/events/8605-a-december-ecb-rate-hike-deemed-very-likely-necessary.md)

The Bundesbank president believes that another increase in key interest rates will be difficult to avoid in December to counter inflationary risks linked notably to energy.

1 sources, 1 articles · Nationwide

### 4 November 2026 — [L'inflation en zone euro franchit 4 % en octobre, la BCE sous pression](https://acturadar.com/en/events/9470-l-inflation-en-zone-euro-franchit-4-en-octobre-la-bce-sous-pression.md)

Portée par la flambée des prix de l'énergie de plus de 20 %, l'inflation en zone euro atteint 4 % en octobre, un plus haut en trois ans, ce qui place la BCE en difficulté sur sa trajectoire de taux.

1 sources, 1 articles · Nationwide

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Cite as: Acturadar, “ECB faced with rise in inflation in eurozone”, https://acturadar.com/en/stories/287-ecb-faced-with-rise-in-inflation-in-eurozone
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