Gwyn Hacche
Gwyn Hacche
economies fourth growth industrial looks quarter starting strong third
Growth in euro-land economies is starting to come through, particularly in the industrial sector. It looks to us as if there will be strong growth in the third and fourth quarter of around 1 percent.
entirely looks ruled unlikely
It can't be entirely ruled out, but it looks unlikely to me.
headline higher inflation next rate signal translate wage
The ECB will want to signal that it doesn't want to see the headline inflation rate translate through into higher wage settlements next year.