The ECB is expected to rebuff recent CPI strength, arguing that it has been due to a combination of factors. May’s CPI weakening to 1.4% and 0.9%, headline and core, respectively, gives sense to ECB officials recent reiterations that interest rates will remain at present or lower levels if needed.
Though, the ECB may signal intentions of tweaking asset purchases next year from the actual level of EUR60B. If not in this meetin…