Prices are still rising too fast for comfort in many major economies, and policymakers across the globe are trying to wrestle them under control.
Tag: European Central Bank
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At the Front Lines of the Inflation Fight, Uncertainty Reigns
Central bankers and economists gathered and, amid concerns about persistent inflation, wondered about all the things they still don’t know.
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Eurozone Inflation Slows, but Underlying Price Pressures Persist
The annual rate of inflation fell to 5.5 percent in June, compared with 6.1 percent the month before. But “core” inflation edged higher.
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Allies Pledge Billions for Ukraine’s Recovery as Zelensky Stresses Urgency
The price tag for reconstruction has soared, driving debate among U.S. and European officials, legal experts and others about using frozen Russian assets to pay for it.
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European Central Bank Raises Interest Rates to Highest Level Since 2001
Inflation is “projected to remain too high for too long,” the central bank said as it raised interest rates by a quarter-point, its eighth consecutive increase.