SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.21-1.1%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (90202)3/2/2017 11:03:36 AM
From: cycleupcycledown  Read Replies (1) of 218515
 
on another note....sorta favors my " QE's comlng home to roost vla lnflatlon theme"...........today



By Francesco Guarascio and Balazs Koranyi | BRUSSELS/FRANKFURT
Euro zone inflation surged to a four-year high last month, zooming past the European Central Bank's target and piling pressure on rate setters to open talks about when and how extraordinary stimulus measures will be scaled back.

Inflation in the 19 countries sharing the euro rose to 2.0 percent from 1.8 percent in January, Eurostat data showed on Thursday, the highest since the start of 2013 and just above the ECB's target of a rate just below 2 percent.

Producer price inflation, which feeds into overall inflation with a lag, meanwhile surged to an annual 3.5 percent rate from 1.6 percent, hinting at building pressure for underlying price growth.

Still, the ECB is likely to resist any call to step off the accelerator when it meets next week, arguing that the oil price fueled inflation surge is temporary, growth is fragile and the outlook is fraught with uncertainty given elections in France, Germany, the Netherlands and possibly Italy.

Underlying inflation is also weak, holding steady at 0.9 percent last month, suggesting that once the oil price surge passes through the numbers, inflation will fall back down, staying below the ECB's target possibly through 2019.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext