Like the U.S., Europe is also trying to cope with surging inflation. But so far, the ECB has avoided hiking interest rates as a way to deal with it. That looks like it's about to change.
The European Central Bank announced today it is doing something the Federal Reserve has been doing for several years now: It’s taking its foot off the gas pedal of the economy — in this case, the eurozone economy. Specifically, it’s ending its practice of buying up bonds. So is the eurozone back on track? Click […]
