XT_Mobile_970x250_XFR
  1. Hello Guest Would you like to receive a FREE $50 No Deposit Bonus ? Check this

ECB bulletin downplays importance of core inflation measure

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 24, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    The European Central Bank (ECB) monthly bulletin releases today showed the bank feels Harmonized Index of Consumer Prices (HICP) ex-energy or core HICP is not an ‘ideal’ measure of underlying inflation.

    Key points

    Can extend medium-term inflation horizon

    Medium-term horizon cannot be extended indefinitely

    Economic recovery is projected to strengthen but global developments are weighing on the short-term outlook

    Export orders and sentiment indicators point to subdued global trade developments in the near term

    Consolidation efforts are needed to set public debt ratios firmly on a downward path
    For more information, read our latest forex news.
     

Share This Page

Trade indices Online