How bad is the ECB error?
The ECB is almost certain to commit policy error today. However, the damage from the unnecessary rate increase should be limited.
www.ubs.com/global/en/we...
#EconSky
The ECB is almost certain to commit a policy mistake today. Raising rates will not change Eurozone inflation or inflation expectations. This policy is stuck in an unhelpful 2022 mindset. Consumers wil...