Euro zone inflation edges up to dim chance of new ECB action

(Reuters) - Inflation in the 18 countries sharing the euro edged up slightly in October, reinforcing the view that the European Central Bank will hold fire on any additional policy action at its meeting next week.

Eurozone gripped by deflation fears as inflation rate hits five-year low

Fears that the eurozone could tip into outright deflation have been fanned as the inflation rate in the currency bloc hit a new five-year low of 0.3%.

Canada rate hikes predicted despite tame inflation

OTTAWA (Reuters) - A drop in Canada's year-on-year inflation rate to an 18-month low in March will not delay interest rate hikes by the Bank of Canada, which is paying closer attention to economic growth, analysts said on Friday.