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Read MoreWe successfully overcome inflationary process. Tariffs imposed by US are deflationary. Monetary policy is in a cycle of reducing rates. All data indicate cycle will continue in 2025. Euro Area inflation rate will drop further and approach 1% by the beginning of 2026. I don’t know at what…
Read MoreThe ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts…
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