ECB latest monthly bulletin now out 8 Feb
- on the one hand, the prevailing strong cyclical momentum could lead to further positive growth surprises in the near term.
- nn the other hand, downside risks continue to relate primarily to global factors, including developments in foreign exchange markets.
- on the basis of current futures prices for oil, annual rates of headline inflation are likely to hover around current levels in the coming months.
- measures of underlying inflation remain subdued
Nothing we don't already know but full report here if you're interested/can't sleep.