MNI BRIEF: Daly Says Fed Can Be 'Careful and Deliberate'

MNI BRIEF: Fed Kugler Eyeing Inflation Persistence Over Growth

MNI BRIEF: Fed Framework Review To Revisit FAIT, 'Shortfalls'

MNI BRIEF: Activity Slowdown Required To Help BCB - Guillen

MNI: Kugler Says Fed Could Keep Rates Steady 'For Some Time'

MNI BRIEF: Fed's Williams - Longer Lag To Price Expectations

MNI: US JAN CONSUMER CREDIT +$18.1B

MNI: BAKER HUGHES US RIG COUNT 592; OIL RIGS 486; GAS RIGS 101

BAKER HUGHES CANADA RIG COUNT 234; OIL RIGS 170; GAS RIGS 64

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Eurozone Final Sept Inflation Downwardly Revised

MNI (LONDON) - September eurozone headline inflation saw a modest downward revision in the final release published Thursday, offering further ammunition if needed to doves on the ECB Governing Council ahead of the rate decision later in the trading session.

Headline inflation was revised to 1.7% year-on-year, Eurostat said, down from the flash reading of 1.8% that appeared to spook some policymakers. Core inflation was unchanged at 2.7%, in line with the flash estimate, although services inflation was revised down to 3.9% from 4.0%.

The ECB is widely expected to cut its deposit rate by 25bp to 3.25% later today, although it should offer no clearer path on rate cuts other than suggesting that the direction of travel remains clear. (see MNI SOURCES: ECB To Keep Meeting-By-Meeting Even After Cut  and MNI INTERVIEW: ECB Should Cut In October, Says Kazaks )

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
BundesbankCentral Bank NewsPolicy NewsHomepageStoryCEEMEAEurozoneGermanyBriefGlobalEuropean Central BankRegion
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
BundesbankCentral Bank NewsPolicy NewsHomepageStoryCEEMEAEurozoneGermanyBriefGlobalEuropean Central BankRegion

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.