Posted inEuropean Union, France, Germany, Italy, World

German patience with ECB grows thin as CPI hits 2%

Germany’s headline CPI touched 2% year on year this morning, to much chin-wagging in the German press. Inflation is a more sensitive political issue in Germany than refugees or indeed any other. In order to bail out the lagging economies of its European partners, Germany has tolerated an aggressively expansionist monetary policy complete with negative […]