Tightening of the ECB will come along with collateral damage: upward pressure on worldwide interest rates. The process has already started:
Jens Weidmann is likely to become the new president of the ECB. Lucky for him: all the dirty work has been done by Draghi already:
Meanwhile in the US: business inflation expectations remain stable:
Source: https://www.frbatlanta.org/research/inflationproject/bie
Source: https://www.bloomberg.com/graphics/2018-who-will-be-the-next-ecb-president/
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