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Bull Channel Breakout

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BLOCK: Red Dec'22 Put Spd

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Is CPI Inflation About to Decelerate?

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Paying closer attention to the European Central Bank's website can help close the gap between market-based inflation forecasts and longer-term professional expectations, an ECB working paper concludes.

Google Analytics data on ECB website traffic between 2008 and 2017 was used as a proxy for visitors' attention to its communications, with evidence of a correlation between increased page views and stabilising euro area inflation expectations, authors Alexander Jung and Patrick Kühl write.