ECB must be stubborn to root out inflation, Bundesbank president tells Bloomberg
(Reuters) – Underlying inflation in the euro zone remains sticky and monetary policy needs to be more stubborn than price growth, Bundesbank President Joachim Nagel told Bloomberg TV on Thursday. Nagel said…
Swedish central bank chief says more rate hikes likely due to stubborn inflation
STOCKHOLM (Reuters) – The Swedish central bank might have underestimated inflationary pressure and will likely have to stick to its forecasts of another interest rate hike in April, Riksbank Governor Erik Thedeen…
Bundesbank chief: rate-setters must be ‘stubborn’ in inflation fight -FT
(Reuters) – Eurozone policy-setters must be “stubborn” and continue increasing borrowing costs to battle inflation, Bundesbank chief Joachim Nagel told the Financial Times in comments published on Wednesday. The remarks came after…
‘No Sign Of Falling’: Obama Economist Sounds Alarm On Stubborn Inflation
‘No Sign Of Falling’: Obama Economist Sounds Alarm On Stubborn Inflation John Hugh DeMastri on March 14, 2023 Core inflation, which economists consider a leading indicator of future trends in inflation, is…
Shanghai hunkers down for final COVID battle, Beijing outbreak stubborn
SHANGHAI/BEIJING – Shanghai was tightening its COVID-19 lockdown for what it hoped would be the final week of its battle with the virus before it could gradually begin to ease restrictions, while…
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