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The ECB worries: inflation is too low, euro (a tad) too high
At its next meeting, the ECB Council will assess how the Eurozone is positioned in relation to the three macro scenarios presented last June, i.e. a mild, medium or severe shock. Economic activity has rebounded strongly. To date, the recovery is taking place in the favourable zone, somewhere between the medium and mild shocks. The same is not true of inflation, which has slipped back into negative territory and whose recovery appears, once again, to be postponed. This should inci...
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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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