In response to dwindling inflation, a recent survey by the Financial Times unveils economists' expectations of the European Central Bank initiating interest rate cuts in Q2 2024. A substantial majority, approximately 60%, foresees a resurgence of inflation reaching the 2 percent threshold in 2024. Nonetheless, some experts posit the possibility of a subsequent inflationary uptick. And imo there will be a roaring back of inflation at a point that traps the ECB in the eyes of the ongoing recession...
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