Persistent inflation will create a dilemma for the ECB
Euro-area inflation far above target will pressure the ECB but core inflation is lower and the bank will be cautious
You must be signed in to read this analysis
In this article
- Inflation outlook
- Fight inflation or support the recovery
- Current inflation is supply driven
- Positioning among the major central banks
- Indebtedness an obstacle to rate increases
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.
