German chancellor Scholz backs ECB actions on tackling inflation

  • Scholz says that he "strongly agrees" with the central bank's move

I guess it is easier to play nice when inflation data is trending the way you want it to. And not to mention with the German economy itself stuttering hard amid a recession in the manufacturing sector. The months ahead are definitely going to be interesting, especially if inflation proves to be stickier than anticipated in Europe.

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