Europe’s Economy Grows Despite Banking Stress
Europe’s economy has kept growing in April, with a monthly survey of businesses showing little sign that the recent banking strains on the continent are weighing on the region’s economic rebound.
The survey suggests the European Central Bank is on course to raise its key interest rate in May as it seeks to tame an inflation rate that stands at more than three times its target.
Europe’s economy has kept growing in April, with a monthly survey of businesses showing little sign that the recent banking strains on the continent are weighing on the region’s economic rebound.
The survey suggests the European Central Bank is on course to raise its key interest rate in May as it seeks to tame an inflation rate that stands at more than three times its target.
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