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In April, according to Unicredit analysts, Eurozone inflationary pressures remained steady, with lower core inflation offsetting higher energy price inflation. They project consumer prices to have risen at a yearly rate of 2.4%, mirroring March's figures. A decline in service price inflation is anticipated post early Easter festivities, while food price inflation is expected to stabilize at 2%.
On the other hand, Deutsche Bank analysts predict a slight dip in Eurozone inflation to 2.3% in April (down from March's 2.4%). Their forecast for April 30 data release is accompanied by uncertainties regarding the cessation of government aid and its impact on energy-related aspects. They anticipate a decrease in core inflation to 2.5% (from 2.9%) and a moderation in service inflation to 3.3% (from 4.0%). Notably, consumer price data from Spain, Germany, and Belgium will be available on April 29.
PS: Of course the data is made-up, but we have to deal with state-rigged bs to interprete at least tendencies.
Okay, now that we know that the data is made up...are they buying btc or gold? Or just us treasuries?
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I don't see them pivoting to btc any time soon. They are pushing the ust rates back down by bying them to reduce capital flight
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So they are still buying them, even though they have to understand the usa is printing money like crazy, right? Unofficial agreement?
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the ECB has to buy the usts to control the interest rate spread.
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Dont they buy other bonds? Or is usa the major one? I thought china and russia would have one?
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Apart from government bonds from the eurozone, US bonds are the largest item