- sees Russia sanctions dampening Euro area confidence and German exports
- Eurozone to grow at slower pace than forecast in Spring
- say ECB expansionary monetary policy could lead to overheating of financial or property markets
- ECB June package acceptable given low inflation, “justifiable on the whole”
- inflation expectations notice
The BUBA’s latest monthly report just published confirming what they and various other institutions have been warning for a while now
Full report here but not in English at the moment
EURUSD still stuck around 1.3390
