Euro-Area Inflation Fast Nearing 10% Will Test Lagarde and the ECB

  • US releases price gauge; many Fed and ECB officials to speak
  • New OECD outlook and inflation reading in Brazil due

Christine Lagarde

Photographer: Andreas Arnold/Bloomberg
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Euro-area inflation probably hit another record last month, just short of 10%, keeping the heat on the European Central Bank as it considers how aggressively to raise interest rates.