The risks surrounding ECB stimulus withdrawal are high

Modest inflation and growth is making the ECB cautious about policy despite other arguments favouring normalisation

You must be signed in to read this analysis

Sign in Sign up to our newsletter

In this article

  • ECB normalisation moving further away
  • US/ECB divergence to persist
  • Concerns about stretched valuations

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.