German inflation jumps to 10%! ECB most likely to hike more and faster!

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by ThinkBigger01

https://www.reuters.com/markets/europe/german-annual-inflation-rate-10-september-business-insider-citing-govt-sources-2022-09-29/

https://www.investing.com/economic-calendar/german-cpi-737

German CPI inflation jumped to a whopping 10.0% in september (from 7.9% last month).

Tomorrow we’ll get Eurozone inflation which most likely will also come out much higher.

Expect more pressure on ECB and Lagarde to hike alot more and also faster.

Update: ECB policymakers back jumbo rate hike as German inflation soars above 10%:

https://www.reuters.com/markets/europe/ecbs-simkus-joins-camp-supporting-75-bps-oct-rate-hike-2022-09-29/

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