Lower than expected inflation sets scene for ECB balancing act

FY/Laura Noonan/09-29-17

Eurozone inflation rose at an annual rate of 1.5 per cent cent in September, missing economists’ forecasts and leaving the ECB with a dilemma as it weighs whether the economy is strong enough for it to roll back its bond-buying programme.

PG View: I’m sure, here too this is transitory. But keep in mind, weak inflation has been “transitory” for nearly two-decades in Japan, despite massive monetary accommodations.

Share
This entry was posted in Central Banks, ECB, inflation. Bookmark the permalink.

Comments are closed.