Inflation in the eurozone thus remains well below that desired by the European Central Bank, which projects an annual average of -0,2% in the fourth quarter. Chief economist Philip Lane recently warned of the dangers of tolerating subdued inflation and the topic will certainly be the focus of attention at the December 10 meeting of the Board of Governors.
Other events in focus:
- Conclusion of the OPEC + meeting
- Germany: unemployment rate in October
- Eurogroup meeting, via video conference. Includes post-program monitoring assessment from Portugal
- Canada: Third quarter GDP