Eurozone Inflation Rises to 4% in October on Energy Costs
Consumer prices were 4.0% higher than a year earlier. The increase reinforced expectations of another ECB rate hike after the central bank held rates steady last week.
By Ed FranklInflation in the eurozone reached double the European Central Bank's target in October as energy costs continued to rise, reinforcing expectations that policymakers could hike the key interest rate again after holding it steady last week.Consumer prices were 4.0% higher in October than…