Krautzberger: ECB Watching Core Price Inflation

The video discusses economic forecasts from both private and public institutions, emphasizing the importance of cross-checking these with insights from large global companies like Nestle. It highlights that 2017 forecasts are stronger than 2016, driven by emerging markets, but warns of overly optimistic expectations. The discussion shifts to inflation, noting that while oil price increases are welcome, the key concern is whether this will affect core prices. The ECB and Fed's responses to these trends are considered, with skepticism about the speed of core price increases.

How do top-down economic forecasts from large companies influence expectations?

What was the main takeaway regarding the economic forecasts for 2017 compared to 2016?

What are the implications of low pricing on core inflation according to the discussion?

What factors could lead to a pickup in prices according to the discussion?

What concerns were raised about the potential for core prices to rise?