4 days ago
ECB's 2% Landing Masks a Big Spectrum of Euro-Zone Inflation
For European Central Bank officials marking the achievement of price stability within the euro zone, there's a caveat: inflation at 2% is all a bit relative.
While that target number is what the most recent reading for the overall euro zone shows, only one Governing Council member leaving Frankfurt after the last gathering that ended on July 24 went home to an economy exactly at the goal: Finland's Olli Rehn.