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Surveillance: ECB Adds to Fed Gloom

Bloomberg Surveillance

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Is the ECB Publishing Nearly Three Years to 2025?

ECB still anticipating that inflation will still be above their target threshold by the end of 2025. I think that perhaps a little bit too ambitious and too optimistic in terms of the growth trajectory. If we are going to see inflation falling back, it is going to be a very much a challenge that is going to have to be met by probably a more aggressive policy reaction than the market has been considering.

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