UBS On-Air: Paul Donovan Daily Audio 'Low value inflation'
UBS On-Air: Market Moves · Podcast owner
January 6, 20262m 50s
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Show Notes
Preliminary December German and French inflation data is not likely to interest markets. The German figures should show moderation, but some of this is a lower weighting to package holidays (which tend to add to inflation)—a technical shift not necessarily indicative of any dramatic changes in inflation pressures. The ECB is likely to remain on its course of masterful inactivity (markets like the ECB being inactive).