Eurozone Inflation Data Opens Door to ECB Hike
Advance national inflation data releases from Germany for September show upside surprises, increasing the chance of an European Central Bank interest-rate hike, according to Pantheon Macroeconomics' Claus Vistesen.
Germany's September inflation reading adds to a run of upside surprises in the advance national releases ahead of Friday's eurozone data, Pantheon Macroeconomics' Claus Vistesen said. He said the latest figures increase the odds of a European Central Bank interest-rate hike.