“The ECB is walking a very, very fine line,” Emmanuel Cau, head of equity strategy at Barclays Bank Plc, told Bloomberg Television. “The Fed has to slow the economy in order to get inflation down. I think the job of the ECB is much more complex because obviously there’s not much they can do against an energy crisis.”
Just a quarter-point of interest-rate hikes is all that separates the European Central Bank’s two key options at this week’s decision, and yet few would envy
The euro-zone economy expanded by more than three times the amount economists expected, putting it on a firmer footing as surging inflation and a possible…