Europe Markets: The ECB’s big meeting is in December — here’s what analysts expect at this week’s gathering


Like most central banks, hotter inflation than expected is the topic du jour at the European Central Bank.

President Christine Lagarde and most of the rest of the ECB are still in the inflation is transitory camp, at least for now. Of course, inflation isn’t quite as red hot in the eurozone as it is in the U.S., with consumer prices up 3.4% year-over-year in September, compared to 5.4% in the U.S., but it still faster than what the ECB had said as recently as last month.


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