The ECB will want to signal that it doesn't want to see the headline inflation rate translate through into higher wage settlements next year.
Gwyn Hacche
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GWYN HACCHE The surprise would be if they cut rates by 50 basis points or didn't cut them at all.
GWYN HACCHE
More Gwyn Hacche
Although weaker than expected, interpretation of the release is clouded by the unusual drop in food ...
GWYN HACCHE Both [the French and the euro-zone data] reflect higher oil prices rather than any rise in underlyin...
GWYN HACCHE Growth in euro-land economies is starting to come through, particularly in the industrial sector. It...
GWYN HACCHE This reflects general globalization trends.
GWYN HACCHE The surprise would be if they cut rates by 50 basis points or didn't cut them at all.
GWYN HACCHE It can't be entirely ruled out, but it looks unlikely to me.
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