Forces lowering Eurozone inflation aren’t all bad. CPI fell 0.3% in Dec. That’s far cry from ECB’s inflation target of 2% despite massive QE. Declines in IT prices have knocked 0.15ppts. Digital advances will also impact prices in less easily measured ways

Forces lowering Eurozone inflation aren’t all bad. CPI fell 0.3% in Dec. That’s far cry from ECB’s inflation target of 2% despite massive QE. Declines in IT prices have knocked 0.15ppts. Digital advances will also impact prices in less easily measured ways https://t.co/iVWehsYcCr https://t.co/YHpypvLOEv

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JPMorgan increases US GDP forecasts following latest US stimulus bill which provides $900bn of fiscal support. Will boost GDP by 3ppts over the course of 2021 and beyond. Revised Q1 2021 forecast from -1.0% to +0.5% as earlier delivery should help growth next 2 quarters.

JPMorgan increases US GDP forecasts following latest US stimulus bill which provides $900bn of fiscal support. Will boost GDP by 3ppts over the course of 2021 and beyond. Revised Q1 2021 forecast from -1.0% to +0.5% as earlier delivery should help growth next 2 quarters. https://t.co/N8o7x6jjoO

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JPMorgan increases US GDP forecasts following latest US stimulus bill which provides $900bn of fiscal support. Will boost GDP by 3ppts over the course of 2021 and beyond. Revised Q1 2021 forecast from -1.0% to +0.5% as earlier delivery should help growth next 2 quarters.

JPMorgan increases US GDP forecasts following latest US stimulus bill which provides $900bn of fiscal support. Will boost GDP by 3ppts over the course of 2021 and beyond. Revised Q1 2021 forecast from -1.0% to +0.5% as earlier delivery should help growth next 2 quarters. https://t.co/N8o7x6jjoO

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