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Europe Welcomes Historic US Stimulus, But Some Raise Inflation Fears
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Europe Welcomes Historic US Stimulus, But Some Raise Inflation Fears
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Europe Welcomes Historic US Stimulus, But Some Raise Inflation Fears
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Europe Welcomes Historic US Stimulus, But Some Raise Inflation Fears
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2021/03/11 13:01 The sun rises behind the buildings of the banking district in Frankfurt, Germany, Saturday, March 6, 2021. (AP Photo/Michael Probst) The sun rises behind the buildings of the banking district in Frankfurt, Germany, Saturday, March 6, 2021. (AP Photo/Michael Probst) Frankfurt, Germany (AP) Prospects for a stimulus-fueled recovery in the United States are pushing up market interest rates and that s a headache for European policymakers because their economy remains stuck in a double-dip recession and can t afford higher borrowing costs. European Central Bank President Christine Lagarde is expected to address rising bond yields on Thursday. She holds a news conference after the bank s 25-member governing council meets to decide monetary stimulus settings for the 19 countries that use the euro currency.