Report published September 25, 2026

Think Ahead: US Jobs Report and Eurozone Inflation Data – ING Research Preview

ING · September 25, 2026

ING previews the upcoming week's economic calendar, highlighting the US September jobs report and Eurozone flash inflation data. Markets are pricing an October Fed rate hike as more likely than not, with ING forecasting approximately 100k US payroll additions and a steady 4.1% unemployment rate.

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Finvaulta summarizes ING's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

1.Financial markets are pricing an October Federal Reserve interest rate hike as more likely than not, with the September US jobs report being a critical determinant.
2.ING expects the US September jobs report to show around 100k jobs added with the unemployment rate remaining steady at 4.1%, keeping an October Fed hike in play.
3.Eurozone core inflation remains unchanged from pre-Middle East war levels at 2.4%, with focus turning to potential second-round price effects.

THINK Ahead in developed markets
Key events in developed markets

Report data

Key events in developed markets

Metric	Estimate	Context
US Non-Farm Payrolls forecast	100 k	ING forecast for September US jobs report
US Unemployment Rate forecast	4.1%	Unemployment rate expected to hold steady
Eurozone Core Inflation	2.4%	Core inflation unchanged from pre-Middle East war level in February
Eurozone Core CPI Flash YoY forecast	2.5%	ING forecast vs 2.4% prior
US ADP National Employment forecast	70 k	ING projection vs 38k previous