ECB’s Holzmann: Inflation will peak around the turn of the year, then gradually decline

Expect more of this from the ECB as policymakers will try to steer clear of any talk about tightening policy. That considering that they intend to go with more asset purchases once PEPP ends in March.

As for the headline above, remember when they said inflation will peak in November? Spanish inflation today is a precursor for how wrong their calculations appear to be. Not that it is surprising.

Kick can

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