Economics

ECB Gets Inflation Whiplash as Spain at 10%, Germany Slows

  • Readings feed debate on how quickly interest rates should rise
  • Officials gathered in Portugal speak on fragmentation options
ECB’s Simkus: 50-Bps Should Be July Option If Data Worsen
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

European Central Bank policy makers preparing for the first interest-rate increases in more than a decade were handed conflicting signals on the inflation they’re trying to curb as price growth unexpectedly hit a record in Spain while easing off in Germany.