European Central Bank – Page 13

E.C.B. Raises Rates Again, Citing ‘Too High’ Inflation

The bank said some price pressures were easing, but that “underlying inflation remains high overall,” as it raised rates a quarter percentage point.

By Eshe Nelson

Prices are still rising too fast for comfort in many major economies, and policymakers across the globe are trying to wrestle them under control.

By Karl Russell and Jeanna Smialek

Central bankers and economists gathered this week and, amid concerns about persistent inflation, wondered about all the things they still don’t know.

By Eshe Nelson

The annual rate of inflation fell to 5.5 percent in June, compared with 6.1 percent the month before. But “core” inflation edged higher.

By Patricia Cohen