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ECB's Nagel: The German outlook for 2024 seems to be just a little higher

  • 2024 ‘seems to be just a little higher’
  • 2025 appears to be like higher nonetheless
  • I anticipate extra from Germany, we now have plenty of structural points
  • The ECB has achieved loads on inflation

Probably the most distasteful pattern thus far in 2024 is central bankers taking a victory lap on inflation… the identical inflation that they did not see then referred to as ‘transitory’. It is like placing out a hearth you began and calling your self a hero.

This text was written by Adam Button at www.forexlive.com.

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