Comments on possible ECB rate hikes 'not helpful' - Philip Lane

German inflation passed 10%, the first time Europe's biggest economy reached double digits since the euro was introduced more than 20 years ago

Philip Lane: 'It's still four weeks away. There's a lot of data to see between now and then but this debate about what exactly is the next move it is something we will decide on the day.'

European Central Bank (ECB) policymakers continue to line up behind another big interest rate hike as inflation in the eurozone's biggest economy hit double digits, blasting past expectations and heralding another record reading for the bloc as a whole.

This is despite comments from the ECB's Chief Economist Philip Lane that such commentary was "not helpful" given the fact that the next meeting is still a month away.