M3, Credit, Inflation
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“Shocked, shocked” about the ECB’s commitment to price stability
11.07.2008
By: Eurointelligence ECB Watch
We are somewhat astounded by commentators who purport to be “shocked, shocked” that the ECB is pursuing a price stability target after all. You can’t blame those central bankers for not telling you.
Probably one more rate rise this year
04.07.2008
By: Eurointelligence ECB Watch
We at Eurointelligence are sticking with our forecast of another ECB rate rise at some point this year. The reason is not that the ECB is already planning this - it is not. The reason that most forecasters are still too optimistic about the outlook for inflation.
Why this may well be the last ECB rate rise this cycle
02.07.2008
By: Aurelio Maccario, Unicredit
Never before did the ECB experience a similar divergence between inflation and growth. If core inflation remains in check, the peak in headline inflation is nigh, and GDP will settle below potential for several quarters.
Why this may well be the last ECB rate rise this cycle
02.07.2008
By: Aurelio Maccario, Unicredit
Never before did the ECB experience a similar divergence between inflation and growth. If core inflation remains in check, the peak in headline inflation is nigh, and GDP will settle below potential for several quarters.