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ECB to zoom in on inflation expectations, wages: Lagarde

ECB to zoom in on inflation expectations, wages: Lagarde

© Reuters. President of the European Central Bank Christine Lagarde looks on as she attends a Euro zone finance ministers meeting in Luxembourg, October 4, 2021. REUTERS/Yves Herman FRANKFURT (Reuters) – The European Central Bank is closely watching inflation expectations and wage developments as predicting the length of disruptions caused the economy’s post-pandemic reopening is…

Turkey to open 1,000 markets to counter high inflation, Erdogan says

Turkey to open 1,000 markets to counter high inflation, Erdogan says

© Reuters. Turkey’s President Tayyip Erdogan addresses members of parliament as he attends the reopening of the Turkish parliament after the summer recess in Ankara, Turkey, October 1, 2021. Murat Cetinmuhurdar/PPO/Handout via REUTERS By Azra Ceylan and Jonathan Spicer ISTANBUL (Reuters) -President Tayyip Erdogan said on Sunday Turkey had ordered agricultural cooperatives to open about…

Czech central bank chief defends rate hike criticised by Finance Minister

Czech central bank chief defends rate hike criticised by Finance Minister

© Reuters. FILE PHOTO: Czech Finance Minister Alena Schillerova attends an interview with Reuters in Prague, Czech Republic, October 11, 2019. REUTERS/Robert Muller PRAGUE (Reuters) – Czech central bank governor Jiri Rusnok defended on Sunday the bank’s 75 basis point interest rate increase after the surprise move was criticised by Finance Minister Alena Schillerova ahead…