Morgan Stanley lifts Eurozone inflation view; adds Dec ECB hike
Morgan Stanley says renewed rises in natural gas and energy prices have led it to revise Eurozone inflation materially higher, forecasting an additional ECB rate hike in December and a much shallower easing cycle in 2…
1000 ET - Morgan Stanley said a renewed rise in natural gas and energy prices has led its economists to materially lift their inflation outlook, according to a note. The bank also now expects another European Central Bank rate hike in December, followed by a much shallower easing cycle in 2…