Just saw this tweet from @djfxtrader:
A shift in attitude? Top Bundesbank economist Ulbrich says Germany might consider allowing more inflation.
If this is the case this is a MASSIVE change.
In this environment where European austerity is becoming a little ‘on the nose” any relaxation from the BUBA re their tolerance for higher inflation … wow …
Anyway, its just a tweet, needs more to back it up. But if it is this is MAJOR news.