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Eurozone Inflation Stubbornly Sticks at 2.2% in April—Central Bankers Miss Target Yet Again
Eurozone Inflation Stubbornly Sticks at 2.2% in April—Central Bankers Miss Target Yet Again
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Price growth refuses to budge as ECB’s 2% inflation target slips further from grasp. Another month, another ’temporary’ overshoot—just don’t call it stagflation.
Markets yawn as monetary policymakers play whack-a-mole with prices. At this rate, they’ll need negative rates and a magic wand to hit their targets.
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