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Inflation climbed to 7.5% in March in the Eurozone
The European Central Bank (ECB) held interest rates at its latest meeting on monetary policy this morning, as the Governing Council judged data since its last meeting “reinforced its expectation” that net asset purchases under its asset purchase programme should conclude in the third quarter.
The decision came after Eurozone inflation climbed to 7.5% in March, up from 5.9% in February. According to Gurpreet Gill, macro strategist for global fixed income at Goldman Sachs Asset Management,...
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