European Central Bank Slows Its Bond Purchases as Inflation Surges - NewsBreak
By Megansoto in Business
Updated 3 years ago
Markets had been eagerly awaiting the Frankfurt institution's latest policy decision for signs of an imminent unwinding of pandemic-era stimulus, amid surging inflation and strong economic growth. Euro zone inflation notched a decade high of 3% in August and GDP across the 19-member common currency bloc climbed 2% in the...