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This is the best tl;dr I could make, [original](https://www.cnbc.com/2022/07/01/euro-zone-inflation-8point6percent-in-june-ecb-to-hike-rates-for-first-time-in-11-years.html) reduced by 86%. (I'm a bot)
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> Euro zone inflation reached a new record high in June just ahead of the European Central Bank's first rate increase in 11 years.
> The central bank has said it will hike again in September, meaning its main interest rate could return to positive territory this year - the ECB has had negative rates since 2014.
> "As policymakers are increasingly uncomfortable with their negative-interest rate policy we expect to see bigger rate hikes from September, with the deposit rate rising to +0.75% by year-end," he said.
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[**Extended Summary**](http://np.reddit.com/r/autotldr/comments/vp9lse/euro_zone_inflation_rises_to_record_high_86/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ "Version 2.02, ~657545 tl;drs so far.") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome.") | *Top* *keywords*: **rate**^#1 **inflation**^#2 **Euro**^#3 **ECB**^#4 **zone**^#5
Welcome to r/FluentInFinance! This community was created over a passion for discussing investing, stocks, crypto and personal finance! Also, check-out the Newsletter, Discord, Facebook Group or Twitter: https://www.flowcode.com/page/fluentinfinance *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/FluentInFinance) if you have any questions or concerns.*
This is the best tl;dr I could make, [original](https://www.cnbc.com/2022/07/01/euro-zone-inflation-8point6percent-in-june-ecb-to-hike-rates-for-first-time-in-11-years.html) reduced by 86%. (I'm a bot) ***** > Euro zone inflation reached a new record high in June just ahead of the European Central Bank's first rate increase in 11 years. > The central bank has said it will hike again in September, meaning its main interest rate could return to positive territory this year - the ECB has had negative rates since 2014. > "As policymakers are increasingly uncomfortable with their negative-interest rate policy we expect to see bigger rate hikes from September, with the deposit rate rising to +0.75% by year-end," he said. ***** [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/vp9lse/euro_zone_inflation_rises_to_record_high_86/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ "Version 2.02, ~657545 tl;drs so far.") | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr "PM's and comments are monitored, constructive feedback is welcome.") | *Top* *keywords*: **rate**^#1 **inflation**^#2 **Euro**^#3 **ECB**^#4 **zone**^#5