Europe’s inflation “problem” isn’t a problem at all. The ECB needs to recalibrate its expectations. Ebbing Inflation?

Europe’s inflation “problem” isn’t a problem at all. The ECB needs to recalibrate its expectations

The fall in the prices of oil and various other commodities is set to push eurozone inflation further toward zero in the coming months. This is creating enormous political pressure on the European Central Bank to act, including mounting calls for further quantitative easing that would include purchases of sovereign bonds.

http://online.wsj.com/articles/europe-can-relax-a-little-about-falling-inflation-1417465581

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s