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Euro zone inflation News
Euro zone inflation
Euro zone inflation well above expectations in May, offers relief to European Central Bank
Thu, May 31, 2018
The ECB has a mandate to keep inflation below but close to 2 percent, a task that has proven challenging as, even with economic growth on its best run in a decade, price pressures have remained stubbornly subdued. The ECB has spent months setting up investors for an end to its 2.55 trillion euros ($3 trillion) bond purchase scheme. However, political crises in Italy and, potentially, Spain risk reigniting market turbulence on the bloc`s periphery and derailing the bank`s exit strategy.
Global Markets: Stocks scale new record highs, dollar stuck
Fri, Jan 05, 2018
World stocks scaled fresh record highs on Friday, while the dollar stuck near four-month lows before crucial payroll numbers that could underpin growing confidence in the world`s biggest economy.