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ECB's Knot: A recession is not a foregone conclusion
- Underlying inflation trends are worrisome
- Need weaker growth for inflation to return to goal
These are very much the usual platitudes coming out from the ECB. I mean as a central banker, you can't really come out to say that you're tightening policy aggressively into a recession-like economy. The optics of that would just be poor. In any case, carry on as you will.
This article was written by Justin Low at forex... Read More Posted: Nov 28 2022, 08:37
Author Name: forexlive
Views: 110893