(Bloomberg) -- The European Central Bank can’t declare that its fight against inflation is over just yet, according to Governing Council member Joachim...
-- The European Central Bank can’t declare that its fight against inflation is over just yet, according to Governing Council member Joachim Nagel.NYC Boosts Security Ahead of ‘All Out for Palestine’ Protest
While inflation rates have fallen quickly, the region’s average remains far above the ECB’s 2% target, and projections don’t foresee it returning there for another two years. That prospect is keeping policymakers on alert, even as they’ve paused raising borrowing costs after 10 consecutive hikes. -- Argentina’s central bank sharply raised its key rate Thursday for the sixth time this year in an effort to contain inflation as price gains continue accelerating above 100% before a presidential election.
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