bullish

EA: Inflation Tracking Toward Target

417 Views17 Nov 2023 23:32
​The final EA HICP inflation print confirms 2.9% for Oct-23 with November likely to be a temporary trough. Underlying inflation has eased to target, so the ECB should hold rates, then cut if it falls.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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