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Eurozone inflation: could do better!
The ECB’s Governing Council will examine this week whether Eurozone inflation has made enough progress towards its medium-term target level. This is the minimum requirement for a move towards a halt in asset purchases. On the one hand, inflation’s expectation has picked up slightly in recent times, which rules out a significant extension of QE. On the other hand, the balance of macro risks has shifted to negative territory, which rules out, in our view, a complete halt in QE in S...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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