Pantheon Macroeconomics - Last week's comments by Mr. Draghi--see here-- indicate that the ECB is increasingly confident that core inflation will continue to move slowly towards the target of "below, but close to 2%", despite elevated external risks, and marginally tighter monetary policy.

Eurozone | 17 September 2018 The EZ Output Gap Has Closed, But will Inflation Follow?
Last week's comments by Mr. Draghi--see here-- indicate that the ECB is increasingly confident that core inflation will continue to move slowly towards the target of "below, but close to 2%", despite elevated external risks, and marginally tighter monetary policy.

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17 September 2018 The EZ Output Gap Has Closed, But will Inflation Follow?

By Claus Vistesen

Last week's comments by Mr. Draghi--see here-- indicate that the ECB is increasingly confident that core inflation will continue to move slowly towards the target of "below, but close to 2%", despite elevated external risks, and marginally tighter monetary policy.

Posted: 17th Sep 2018 in 'Eurozone'

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