Data from the bank's customers suggest strong Q4 retail sales
Auto, gas, department store sales down
Energy prices lead decline, while lumber and metals drop too
Despite the downward trend, European regulators stressed that costs remain an important consideration
As active equity funds lose ground, passive, fixed income and alternative funds will gain
The annual inflation rate slowed last month to 6.3%
Economic risks and supply constraints underpin a cloudy forecast
Businesses and consumers expect inflation to remain elevated in the short term and ease within five years
Stronger core inflation expected to drive higher rates in euro area
The "holy grail" of a soft landing is back in play