ECB rate decision: Five key questions for markets as energy prices fuel inflation fears

Eurozone inflation rose above 3% in August as higher Brent crude and natural gas prices revived concerns about the ECB achieving its 2% inflation target. Markets are fully pricing in a 25-basis-point ECB rate increase in September, which would take the deposit rate to 2.5%, while economists largely expect policymakers to pause further tightening afterward amid slowing wage growth and weakening labour conditions.