ECB Suspends Emergency Purchases of Bonds

The European Central Bank suspended its emergency purchases of euro zone government bonds last week as the debt crisis eased, allowing it to focus on combating rising inflation. Official data published on Monday showed annualized euro zone inflation reached 2.4% in January, the highest for more than two years and beyond the ECB’s target of “below but close” to 2%. – FT

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.