Did Eurozone inflation just put the rubber stamp on greater ECB action?

Discussion in 'Market News' started by ForexLive, Dec 2, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    A two pip loss in the core inflation measure might be the icing and the cherry on the cake for Draghi I certainly wasn't expecting that from the core number. If anything I was expecting it to come in at least unchanged and even a tad higher, based on what we've been seeing from prices in various indicators. I'm not looking for anything amazing but that drop is surprising. In reality we've only had two of the big countries reporting their Nov numbers so far. Germany and Italy were at odds with each other. Ze Germans saw HICP up a tick but the Italian dropped 2

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