Dollar teeters as inflation test looms
The dollar clung to a small bounce on Wednesday as traders looked to upcoming U.S. inflation data and a European Central Bank (ECB) meeting to gauge the global recovery and policymakers’ thinking.
Analysis: Climate change: Central banks’ new inflation puzzle
For Bank of England chief Andrew Bailey, tackling climate change carries inflation risks if you do too little, too late. For Larry Fink, head of investment giant BlackRock (BLK.N), the risk is if you go too fast.
Don’t mention the T word: Five questions for the ECB
The European Central Bank meets on Thursday and will review the pace of emergency bond buys that it jacked up in March to prevent a rise in borrowing costs hurting a recovery.
Take Five: U.S. inflation, China trade and the ECB
A critical view into inflation comes with Thursday’s May U.S. consumer price index.
Reuters interview with ECB board member Schnabel
Reuters interview with Isabel Schnabel, a member of the European Central Bank’s Executive Board.
European shares at fresh one-year peak after dovish ECB signal
(Reuters) – European stocks hit their highest level in a year on Thursday as worries about a spike in inflation eased and the European Central Bank said it was ready to accelerate money-printing to keep a lid on euro zone borrowing costs.
