Analyst: European Central Bank may be more concerned about economic rise than inflation

On January 29th, SEI’s Global Head of Subordinated Fixed Income, Anthony Karaminas, stated in a report that despite inflation proving to be a challenging issue, the European Central Bank may be more inclined to follow the downward risks of economic rise at this crucial moment. He indicated that this is especially true as the two largest economies in the Eurozone, Germany and France, are still facing challenges. SEI expects the European Central Bank to lower interest rates on Thursday and in future meetings, ‘as it tries to strike an appropriate balance between stimulating rise and curbing inflation, which remains above the Central Bank’s target.’