bullish

EA: Excess Inflation Energised in Oct-21

74 Views30 Oct 2021 04:45
Flash EA HICP inflation exceeded expectations again in Oct-21 by rising 69bps to 4.05%. A third of the upside surprise was core, which should still fall back in 2022, keeping cover for a dovish ECB.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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