According to CoinMeta, ECB Governing Council member Nagel stated that the slowdown in core inflation in the eurozone in August is a positive sign, with both the core inflation rate and inflation in the service sector slowing down. Currently, there is no second-round effect in the core inflation rate. He pointed out that the ECB's interest rate decision next week is in line with financial market expectations, and the market has fully absorbed the expectation of a 25-basis-point interest rate hike. The inflation rate in the eurozone rose to 3.3% in August, while the core inflation rate, excluding food and energy, dropped to 2.4%.