Eurozone inflation surge: fact or fiction?
"Give us this day our daily diesel"
Financial markets are on red alert over euro zone inflation and a possible increase in ECB interest rates, but there is reason for asking if they are exaggerating. Running a car may cost more because of sky-high oil prices, but there is no sign so far that Europe and the wider world is about to relive double-digit inflation of the kind that went hand-in-hand with the big oil crises of the 1970s.
Comment by Brian Love, European Economics Correspondent, for Reuters
- Cartoon IdÃgoras y Pachi for El Mundo (Madrid)
posted by Vostradong @ 3:08 pm
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