Germany’s Final September CPI +0.3% m/m (expected +0.3%; last +0.3%) and +4.5% yr/yr (expected +4.5%; last +4.5%)
Lower sovereign bond yields remain a welcome source of support
ECB member Knot sounded an encouraging note about waning inflation shocks, but said the ECB is ready to act again if the 2% inflation goal remains elusive, according to Bloomberg.