ECB: Preview of today’s meeting
The story is very much the same this month, and we don’t expect a big change in the tone from ECB. The market impact should therefore be limited. On the one hand inflation risks are intensifying as oil prices keeps rising. But on the other, downside growth risks are also strengthening and actual data have started to illustrate this. The ECB will continue to warn strongly against second round effects but will hold on to the view that current rates are appropriate to fight inflation risks.
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
Belum ada komentar.
Tinggalkan komentar