In focus today In the euro area, focus turns to the inflation data for February. As hinted by the national releases (see our what happened over the weekend section), we forecast euro area headline inflation to decline to 2.3% y/y from 2.5% y/y. Most importantly, underlying inflation continued to ease in all countries, with muted […]
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Markets Higher-than-expected European inflation numbers and more rumours on fast and huge fiscal spending in Europe weighed on European bonds with curves bear steepening. February inflation rose by 0.5% M/M (vs 0.4% consensus) with the Read more…