Euro Area Recovery Monitor - 2021-10-27

PDF icon 20211028trendmacroeuro-18.pdf
ECB and Euro Area Economy Monitor
Date: 
Thursday, October 28, 2021
Summary: 

The ECB doesn't change its posture -- and who would have really expected otherwise. But a memo went out to the media: every headline about the no-change decision includes the phrase "despite soaring inflation." Thank goodness journalists aren't central bankers.