ICYMI - A growing rift at the ECB

  • A September rate cut is pretty much locked in ... but what comes after is up for debate

Justin was all over the news of infighting at the European Central Bank for what comes after September:

Its the same old doves vs. hawks:

  • doves are arguing that the economy is much weaker than thought, which could accelerate a weakening in price pressures
  • hawks are arguing that they must see things through until the inflation target is met

Check out Justin's piece for more.

fight 2

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