Inflation in Transatlantic Region Driven by Quantitative Easing to Save the Banks

In the European Union, inflation continues to rise rapidly, reaching an average rate of 7.5% in March on an annualized basis (9.8% in Spain, 7.3% in Germany, 7.2% in Italy, 4.5% in France). ING bank’s The chief Eurozone economist of ING bank, Carsten Brzeski, among others, forecast double-digit in