We see little evidence that the outlook for underlying inflation in the eurozone is much changed from a few months ago. In fact, there’s a high probability that low-flation will make a comeback next year. Thus, speculation of European Central Bank (ECB) hikes in late-2022 seems way off the mark.
What you will learn:
Topics: Forecasts, Europe, Eurozone, ECB, Consumer spending, Wages, Inflation, Global supply chain, Industry, Consumer, Recovery, Price Inflation, Commodities, Inflation risks, Supply chain, Oil and gas, Supply and demand, Energy prices