Eurozone Inflation Trends: Unicredit and Deutsche Bank Analysts' Insights
355 sats \ 17 comments \ @TomK 26 Apr econ
In April, according to Unicredit analysts, Eurozone inflationary pressures remained steady, with lower core inflation offsetting higher energy price inflation. They project consumer prices to have risen at a yearly rate of 2.4%, mirroring March's figures. A decline in service price inflation is anticipated post early Easter festivities, while food price inflation is expected to stabilize at 2%.
On the other hand, Deutsche Bank analysts predict a slight dip in Eurozone inflation to 2.3% in April (down from March's 2.4%). Their forecast for April 30 data release is accompanied by uncertainties regarding the cessation of government aid and its impact on energy-related aspects. They anticipate a decrease in core inflation to 2.5% (from 2.9%) and a moderation in service inflation to 3.3% (from 4.0%). Notably, consumer price data from Spain, Germany, and Belgium will be available on April 29.
PS: Of course the data is made-up, but we have to deal with state-rigged bs to interprete at least tendencies.
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42 sats \ 16 replies \ @Satosora 26 Apr
Okay, now that we know that the data is made up...are they buying btc or gold? Or just us treasuries?
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0 sats \ 15 replies \ @TomK OP 26 Apr
I don't see them pivoting to btc any time soon. They are pushing the ust rates back down by bying them to reduce capital flight
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42 sats \ 14 replies \ @Satosora 26 Apr
So they are still buying them, even though they have to understand the usa is printing money like crazy, right? Unofficial agreement?
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0 sats \ 13 replies \ @TomK OP 26 Apr
the ECB has to buy the usts to control the interest rate spread.
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0 sats \ 12 replies \ @Satosora 26 Apr
Dont they buy other bonds? Or is usa the major one? I thought china and russia would have one?
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0 sats \ 11 replies \ @TomK OP 26 Apr
Apart from government bonds from the eurozone, US bonds are the largest item
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42 sats \ 10 replies \ @Satosora 26 Apr
Why dont they just by their own instead of the us? Wouldnt that stabalize the euro a bit? Not saying it will help a lot but it has to help prop it up a bit...
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0 sats \ 9 replies \ @TomK OP 26 Apr
This is precisely the trap: the ECB has to buy up the new debt of the eurozone countries that are essentially insolvent, thereby pushing interest rates ever lower, while without intervention interest rates in the United States would have continued to rise. this interest rate spread is the mother of all problems for the eurozone, which is losing massive amounts of capital.
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