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ECB's de Guindos: Inflation will undoubtably fall

ECB's  de Guindos: Inflation will undoubtably fall
ECB de Guindos is on the wires saying:Inflation will undoubtably fall.I am worried about core inflation and servicesEconomic slowdown will curb corporate profits.Underlying inflation will fall too.We have to assess impact of interest rate hikes on finance conditions.Next step is to assess impact on aggregate demandWe have to avoid a preset course.There can be more rate hikes, how many will depend on data.Rate decision had a very high consensusExpect positive GDP growth in Q2 and Q3Does not expec... Read More
Posted: May 11 2023, 18:44
Author Name: forexlive
Views: 081743

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