German chancellor Scholz backs ECB actions on tackling inflation

<p>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.</p>

This article was written by Justin Low at www.forexlive.com.