European Central Bank policymakers face a dilemma as efforts to combat inflationary pressures with interest rate hikes risk tipping a fragile euro zone economy into recession — but they may not have to lift a finger. Market expectations of forthcoming tighter monetary policy — meaning rate hikes — are already causing more restrictive financial and lending conditions, according to European economist at Goldman Sachs Alexandre Stott. The "transmission of tighter policy is already underway," he

Tag-uri: Inflatie