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

Banking and Financial Institutions Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine

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

Eurozone Inflation Slows, but Underlying Price Pressures Persist

Banking and Financial Institutions European Central Bank Eurozone Lagarde, Christine Prices (Fares, Fees and Rates)

Eurozone Inflation Slows, but Underlying Price Pressures Persist

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

Eurozone Inflation Slows, but Underlying Price Pressures Persist

Banking and Financial Institutions European Central Bank Eurozone Lagarde, Christine Prices (Fares, Fees and Rates)

Eurozone Inflation Slows, but Underlying Price Pressures Persist

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

Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation

Bank of England Banking and Financial Institutions European Central Bank Federal Reserve System Inflation (Economics) Interest Rates Lagarde, Christine Powell, Jerome H Ueda, Kazuo United States Economy

Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation

The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.

By Eshe Nelson