The ECB has bought around 80 billion euros worth of debt per month under Pandemic Emergency Purchase Programme (PEPP) this quarter, up from around 62 billion euros in the first quarter.
Accelerating U.S. inflation is a communication, rather than an economic, problem for Federal Reserve Chair Jerome Powell . Consumer prices rose 5% in May from a year earlier, the highest annual rate since 2008, data showed on Thursday. Even the core rate, which strips out food and energy prices, was up 3.8%, a three-decade high.
Gold shot back up to $1890 per ounce Thursday, regaining the $20 it had lost earlier this week, after new US data said core CPI inflation just jumped 3.8% per year, its fastest pace since 1992