ECB's Rehn: Risk of inflation undershooting target should neither be underestimated ...Middle East

There is no reason for self-complacency in Europe.We must be vigilant now to both directions.We have to closely monitor geopolitical developments and price developments in energy markets.The trade war seems to dampen inflation in the Euro Area rather than increase it.

The market is fully pricing in a 25 bps cut for December.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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