Pantheon Macroeconomics - Yesterday's advance EZ CPI report bolstered the ECB doves' case for only marginal adjustments to the language on forward guidance at next week's meeting. Inflation in the euro area fell to 1.4% in May, from 1.9% in April, constrained by almost all the key components.

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1 June 2017 Dovish EZ CPI Data Take the Sting out of Next Week's ECB Meeting

By Claus Vistesen

Yesterday's advance EZ CPI report bolstered the ECB doves' case for only marginal adjustments to the language on forward guidance at next week's meeting. Inflation in the euro area fell to 1.4% in May, from 1.9% in April, constrained by almost all the key components.

Posted: 31st May 2017 in 'Eurozone Documents'

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