The Traderszone Network

Published in TZ Latest News 27 May, 2016 by The TZ Newswire Staff

Nowotny: The price of oil is the primary reason behind low inflation

Can you believe this?
I’m speechless, truly truly speechless.

They are pumping billions and billions of euro’s a month to achieve their price mandate, which is being affected by something they have no control over anyway. What happens if oil goes to $100 bucks and pushes inflation to 4% but the economy is only running at 1.5% GDP? Rate hikes?