ECB's Panetta: Charges want to return down

• Financial circumstances stay restrictive, charges want to return down
• Inflation is easing, should take note of weak spot within the financial system
• Should keep away from the danger of pushing inflation nicely under goal

It simply reaffirms the coverage path they’re on now, so it is not something new. However contemplating the latest information, it is perhaps powerful to make a case for a 50 bps push in December. We’ll see what November holds although.

This text was written by Justin Low at www.ubaidahsan.com.



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