Jump in eurozone inflation makes an ECB rate hike in 2022 increasingly likely

ECB statement today:

Due at 1245 GMT
ECB President Lagarde press conference follows at 1300 GMT

No change to policy is exp[ected today:

the deposit rate will remain at minus 0.5% (a record-low)
the euro pandemic emergency bond-buying scheme is set to be phased out by the end of M