Full Coverage
Euro zone inflation hits record high for the sixth month in a row
By Sílvia Amaro
Posts on X
Formerly Twitter
Lawrence H. Summers
LHSummers
This morning’s ECI and housing price inflation figures confirm what I have suspected and feared. Inflation is not securely trending to target levels.
Note that the ECI has accelerated from previous quarterly, semi-annual and annual levels. I suspect it has been understating…
Posted on X
Jason Furman
jasonfurman
US & euro area inflation are now similar--despite the fact that the U.S. economy has been growing much more strongly than the euro area.
The U.S. was much higher, then it was Europe's turn, now both are down & roughly convergent (euro area a little higher, likely not for long). pic.twitter.com/ikvAZaIOey
Posted on X
Christophe Barraud🛢🐳
C_Barraud
🇪🇺 *BANK OF FRANCE CHIEF VILLEROY COMMENTS ON LINKEDIN - BBG
*VILLEROY: ENCOURAGING NEWS FROM ECONOMY THIS MORNING
*VILLEROY: INFLATION DATA RAISES CONFIDENCE OF REACHING TARGET
*VILLEROY: ECB CAN START TO CUT RATES EARLY JUNE
*VILLEROY: ECB RATE REDUCTIONS WILL THEN BE…
Posted on X
