ECB’s policy

Global Inflation: Festive Cheer… In The New Year

BARCLAYS | We expect the turn of the calendar to bring a brighter tone to the TIPS market as many of the headwinds from 2015 begin to fade. The carry outlook should be positive after February, y/y headline CPI should move up sharply and concerns over a monetary policy error have receded with

the Fed’s dovish hike.