ECB’s de Cos: Core inflation in Eurozone to remain elevated

…
This is a premium post.
[s2If !current_user_can(access_s2member_level4)]Please register for PREMIUM VERSION HERE to read full post below containing analysis. In case of any error or you think you are not able to read the full post below, please email us at support#nehcap.com [lwa][/s2If] [s2If current_user_can(access_s2member_level4)]

European Central Bank (ECB) policymaker Pablo Hernandez de Cos said on Monday that core inflation in the Eurozone is projected to remain elevated for the rest of the year, as reported by Reuters.

“If the baseline scenario published in March is confirmed, there is still ground to be covered in terms of monetary policy,” de Cos added.

These comments don’t seem to be helping the Euro find demand in the American session. As of writing, EUR/USD pair was trading at 1.0840, where it was down 0.5% on a daily basis.

[/s2If]
Join Our Telegram Group