Free Trial

Frederik Ducrozet at Pictet Wealth....>

EUROZONE DATA
EUROZONE DATA: Frederik Ducrozet at Pictet Wealth Management writes of the
December ECB Staff projections saying that "for core inflation may have to be
revised down slightly in 2018, from 1.3% to 1.2%, despite reduced slack".
Furthermore, the recent appreciation of the euro could amplify the downward
pressure on core prices. 
- This downward revision to inflation comes despite the likely upward revision
to growth projections but Pictet do not believe that "Such a modest downward
revision to staff projections would not challenge the ECB's broader
normalisation strategy"

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.