The ECB will never meet its inflation target again...

Inflation figures seem to have peaked

Inflation has been the number one topic on everyone's mind in recent times. That will be no different in the period ahead. Inflation figures seem to have peaked. There are many different opinions on how fast and to what level inflation is going to fall (see below left, for example, the ECB's end-June expectations). Yet everyone seems to agree that inflation is going to be consistently higher than we have been used to over the past decade. The only question is how much higher. Read the full story by clicking the button,

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