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Soft Eurozone inflation figures reinforces aggressive easing speculations - BBH

FXStreet (Delhi) – Research Team at BBH, suggests that the softer than expected preliminary EMU inflation figures encourages expectations for the more aggressive range of actions by the ECB tomorrow.

Key Quotes

“Draghi has claimed that movement toward the inflation target was too slow. Today's data showed a 0.1% increase year-over-year in the headline rate. The market had anticipated a 0.2% increase. Although the ECB targets headline inflation, it clearly also tracks core inflation. Core price increases slowed to 0.9% from 1.1%.”

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