FRANKFURT, March 23 (Reuters) - The European Central ⁠Bank ⁠cannot prevent a surge ⁠in inflation from sharply higher energy prices but must act if it fears rapid price growth is at risk ‌of getting ...
Euro area inflation increased mainly due to energy prices linked to geopolitical tensions around Iran, while core inflation remained stable or slightly declined. Price pressures have not broadly ...
The European Central Bank is expected to raise interest rates on Thursday, amid spiking energy prices. The euro zone is a major energy importer, making it particularly vulnerable to elevated oil ...
FRANKFURT, June 22 (Reuters) - The inflation shock facing the euro ⁠zone ⁠is too large to ignore but ⁠not yet large enough to push up longer-term price bets or generate dangerous second-round price ...
WASHINGTON, April 16 (Reuters) - The European Central Bank cannot take an April 30 interest rate hike off the table just yet, even if energy prices are not far from the baseline forecast and there are ...
India’s central bank has cautioned that the prolonged Middle East conflict and resulting energy supply shocks could trigger second-round inflation effects, even as it maintains a wait-and-watch stance ...
The European Central Bank "will do what is necessary" to keep inflation on target, one of its top policymakers told CNBC. Markets are overwhelmingly pricing in a rate hike from the central bank at its ...
European Central Bank Governing Council Member Olli Rehn said it’s “clear” that monetary policy must react fast to any signs of inflation becoming entrenched in the economy through higher wages and ...
Bank of England Deputy Governor Sarah Breeden played down the threat of a wage-price feedback loop in response to the Iran War, saying a weak economy means workers and firms have less bargaining power ...