Gold Prices Firm as ECB Seeks 'Robust Inflation' with Negative Rates, Deadly Virus Hits Chinese New Year
Even though the ECB's balance sheet has ballooned by almost 2 trillion euros since the beginning of 2016, longer-term inflation expectations have continued to trend lower, with German 5y 5y forward breakeven rates falling to 1.3%. https://t.co/xrTz7JOWUm pic.twitter.com/XBnWjLujDW
— Lisa Abramowicz (@lisaabramowicz1) January 23, 2020