Interest rates likely to fall next month - in the EU at least. But does the ECB know what it is doing? Nvidia & the nuttiness of stock markets.

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Inflation falls in the UK but *only* to 2.3%. Cue weeping and wailing and much hot air. The narcissism of small differences.

Does anybody know what really causes inflation? Does the ECB understand the connection (or lack of) between interest rates and inflation?

The human aspects of all this are often l…