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Three reasons to skip next week’s ECB meeting
If you're an ECB enthusiast with some holiday days to spare, next week could be the ideal time to take them. If you’ve ever thought about skipping an ECB meeting, this is the one to sit out. Here are three reasons why. Reason one: very little new information available: Since the ECB’s last policy meeting in September, data releases have been sparse and inconclusive. While PMIs and the European Commission’s economic sentiment indicators edged up slightly in September, hard data from August – covering consumption and industrial production – was disappointing. Headline inflation in September did exceed the ... (full story)