Nothing new here as the ECB continues to take a 'meeting by meeting approach' focusing on the incoming data. Lane highlights the disinflationary forces from a stronger Euro and falling energy prices. The economy is likely to face a growth slowdown in the short-term but if the US tariffs get rolled back, then they might fight with inflation again given their pre-emptive easing and a potential covid-style bullwhip scenario.
This article was written by Giuseppe Dellamotta at www.forexlive.com. Read More Details
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