ECB Is Nearing 2% Inflation Goal, Three Years After Policy Pivot
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I’m Craig Stirling, a senior editor in Frankfurt. Today we’re looking at prospects for euro-zone inflation. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
Almost exactly three years ago, euro-zone data showed inflation surging to 8.1%. Within a couple of weeks, policymakers ended months of hesitation and formally signaled the start of rate hiking.