We think the euro-zone will experience a more severe case of stagflation than most expect, and inflation and survey data due next week are likely to support that view. Elsewhere, the SNB and Norges Bank sounded hawkish at their meetings this week and the Riksbank is likely to follow suit with a 25bp hike next week.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services