Something for your Espresso: EUR-flation back on the table
Markets seem to perceive EUR-flation as stickier than the USD-flation. We find the assessment unwarranted but also admittedly have to see it as a sign of positioning.
Markets seem to perceive EUR-flation as stickier than the USD-flation. We find the assessment unwarranted but also admittedly have to see it as a sign of positioning.
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