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24 Feb 2014
Flash: EZ pinnacle CPI's under the spot light - BBH
FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman looks ahead to Friday CPI for the ECB to digest.
Key Quotes
"The ECB identifies two pillars of its monetary policy: money supply and inflation. Both are reported in the week ahead and the outcome is expected to be instrumental in the central bank's decision on March 6."
"The preliminary February estimate will be reported, Friday... The 0.7% y/y preliminary January estimate was rounded up today to 0.8% in the final estimate, while the preliminary February estimate is likely to move back to 0.7%."
Key Quotes
"The ECB identifies two pillars of its monetary policy: money supply and inflation. Both are reported in the week ahead and the outcome is expected to be instrumental in the central bank's decision on March 6."
"The preliminary February estimate will be reported, Friday... The 0.7% y/y preliminary January estimate was rounded up today to 0.8% in the final estimate, while the preliminary February estimate is likely to move back to 0.7%."