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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

    Sep 2, 2015
    Likes Received:
    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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