Economics & Growth | Monetary Policy & Inflation | Rates
Summary
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- ECB hawkishness has been somewhat pared lately, despite the main voices continuing to reject the idea that underlying inflation is falling.
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- Understanding the detail of the most recent inflation print will be important. We expect it will show that one-off policy has been the main drag on services and core, and the momentum there remains strong.
Summary
-
- ECB hawkishness has been somewhat pared lately, despite the main voices continuing to reject the idea that underlying inflation is falling.
-
- Understanding the detail of the most recent inflation print will be important. We expect it will show that one-off policy has been the main drag on services and core, and the momentum there remains strong.
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