Bloomberg Business

Euro-Area Core Inflation Eases But Won’t Stop ECB Hiking

Underlying inflation in the euro zone dipped by more than expected, though European Central Bank President Christine Lagarde said there’s “no clear evidence” that it’s peaked and pledged to lift interest rates further.

EU Moves Closer to New Russia Sanctions After Proposals Weakened

European Union member states are slowly moving toward an agreement on an 11th sanctions package over Russia’s invasion of Ukraine, as a number of proposals originally put forward by the bloc’s executive arm are set to be watered down.

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