bullish

EA: HICP Crashes to Our Mar-23 Forecast

414 Views31 Mar 2023 20:01
Flash EA inflation crashed by 163bp to 6.88% in Mar-23, precisely as we forecasted, but below the consensus. Underlying inflationary pressures remain too high, so we still expect two more ECB hikes.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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