Euro: CPI path cushions downside against dollar – BBH Brown Brothers Harriman’s (BBH) Elias Haddad expects Eurozone May Consumer Price Index (CPI) to remain close to the European Central Bank's (ECB) baseline projections, with risks skewed slightly lower after softer German data.
Euro: CPI path cushions downside against dollar – BBH Brown Brothers Harriman’s (BBH) Elias Haddad expects Eurozone May Consumer Price Index (CPI) to remain close to the European Central Bank’s (ECB) baseline projections, with risks skewed slightly lower after softer German data.
Markets have nearly fully priced a 25 bps hike to 2.25% on June
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