ECB Suspends Emergency Purchases of Bonds
February 01, 2011 at 11:37 AM EST
The European Central Bank suspended its emergency purchases of euro zone government bonds last week as the debt crisis eased, allowing it to focus on combating rising inflation. Official data published on Monday showed annualized euro zone inflation reached 2.4% in January, the highest for more than two years and beyond the ECB’s target of [...]
