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Nowotny: The price of oil is the primary reason behind low inflation

Discussion in 'Fundamental Analysis' started by ForexLive, May 27, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Can you believe this? I'm speechless, truly truly speechless. They are pumping billions and billions of euro's a month to achieve their price mandate, which is being affected by something they have no control over anyway. What happens if oil goes to $100 bucks and pushes inflation to 4% but the economy is only running at 1.5% GDP? Rate hikes?

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