ECB Has to Work Out If Inflation Monster Is Taking Its Last Gasp
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European Central Bank officials confronting faster-than-expected inflation might also wonder if this is just the last stumble before their 2% target looms large.
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Published Mar 02, 2024 • 3 minute read
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(Bloomberg) — European Central Bank officials confronting faster-than-expected inflation might also wonder if this is just the last stumble before their 2% target looms large.
While the 2.6% outcome for February released on Friday — and a still-stubborn 3.1% result for the so-called core measure — present grounds for caution, the downward momentum in consumer prices is getting harder to ignore.
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Bloomberg News
2024-03-02 02:16:10
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