Slowing Euro Inflation To Put QE Wheels in Motion
From wbponline.com
With price growth in the euro area expected to slow further in November, the already-high expectations that the desperate euro zone's central bank will soon embrace full-blown quantitative easing (QE) may become even higher. The single currency could face further risk of decline, most analysts said. The currency zone's preliminary consumer price index (CPI) - the headliner on the Friday's European macro calendar - is expected to have grown a mere 0.3% in November on year-on-year basis, a notch down from the previous month's weak result. That would return the index to levels seen in September and August, when it was ...
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