More policy loosening is on the way. But the case for the ECB to re-launch its public sector purchase programme is increasingly difficult to make given the recent rally in bonds. Meanwhile, we are braced for another set of weak industrial production data from Germany 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 gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services