Central Banks Weigh Further Rate Hikes As Global Inflation Starts To Ease

Eurozone inflation fell to a two-year low of 4.3% in September, down from 5.2% in August.
The core PCE price index, the Federal Reserve's preferred inflation measure, rose just 0.1% in August and 3.9% over the past year.
Lower inflation readings have prompted speculation that central banks may be nearing the end of their rate hiking cycles.
However, some officials warn more significant rate hikes may still be needed to bring inflation down to target levels.
Rising energy prices, particularly for oil and gas, remain a threat to inflation outlooks.