German bonds set to get boost as eurozone inflation seen lagging
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INFLATION data this week is set to provide another demonstration of the challenge facing the European Central Bank (ECB), while giving a boost to investors backing German bonds.
Price growth in the eurozone held at 0.2 per cent in July, economists surveyed by Bloomberg said before an Aug 14 report. Such a result would fall far short of the ECB's target of close to 2 per cent inflation, and would help convince traders that its quantitative-easing (QE) plan will last through to the scheduled end date of September 2016.
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