Inflation up, Economy Better, but ECB to Continue Stimulus

Inflation has suddenly jumped in Europe. Growth is picking up. But don't expect the European Central Bank to start withdrawing its extensive stimulus programs just yet.   This week, ECB President Mario Draghi is expected to lay out the reasons why the chief monetary authority for the 19-country eurozone intends to stick with its stimulus plan decided at the Dec. 8 meeting — to keep pumping newly printed money into the economy through bond purchases at least until the end of the year. ...

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