Gauge of Euro Zone Long-Term Inflation Highest Since Early June


Oct 18 A key market measure of long-term inflation expectations in the euro zone rose on Tuesday to its highest level since early June, on the back of signs of a pick-up in inflation globally.

Data on Tuesday showed U.S. consumer prices recorded their biggest gain in five months in September as the cost of gasoline and rents surged, pointing to a steady build-up of inflation that could keep the Federal Reserve on track to raise interest rates in December.

Separate data showed British inflation recorded its biggest jump in two years last month.

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