The flash harmonized index of consumer prices (HICP) in Germany edged up to the ECB’s target rate of near-but-below 2% this month, rising to 1.9% versus a year ago.
The last thing the ECB wants is to have to battle inflation at the same times as it tries to keep the sovereign debt and interbank funding markets liquid…
Also crossing the wires, Reuters reports a suspect package has been found at the US embassy to the Vatican…
