Nicolas Sobczak
Nicolas Sobczak
became confidence consumer discontent disruption economy great lives major national risk time
There is no major disruption of people's lives for the time being, and so there is no great risk to the economy for now. But if the discontent became a national phenomenon, then consumer confidence could suffer.
coming consumer higher house mean members prices pushing rates wanting
As long as we don't see house prices coming down, those ECB members wanting higher rates will keep pushing for them. But the consumer is in disarray, so it doesn't mean they'll win.