Global Weekly: ECB trying to quash euro strength

News item -

The ECB’s inflation target is under threat from the stronger euro.

Equity update

The European Central Bank has one policy goal: an inflation target of below, but close to, 2%. An appreciation of the euro, triggered by the market beginning to expect that the European Central Bank (ECB) will hike interest rates earlier than had been expected, has become a threat to the inflation outlook.

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