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The Global Macro Week Ahead

From intelligencequarterly.com

Euro-area inflation probably hit another record last month, just short of 10%, keeping the heat on the European Central Bank as it considers how aggressively to raise interest rates. The consensus is for a new all-time high for consumer-price increases of 9.7%. {chart} Data for the 19-nation euro zone are due Friday following reports from the region’s three largest economies and an assessment of business sentiment around the bloc. With prior readings having given a key impetus to expand tightening at the past two ECB meetings, the new report is likely to be one of the most important ingredients for the next decision, ... (full story)

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  • Category: Fundamental Analysis