ECB Rate Path: To Hike or Not to Hike?
By Elisa Parisi-Capone
As specified earlier, RGE has revised the eurozone inflation forecast for 2011 up to 2.2% from the 1.7% in the December outlook in view of larger-than-expected food and energy price effects. In 2012, we forecast headline inflation to average 2%. With respect to core inflation, our projections show[...]