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ECB’s Lagarde expects inflation to continue falling with receding price pressures

In a speech, ECB President Christine Lagarde anticipates Eurozone inflation to continue falling as lagged price pressures recede and tighter monetary policy increasingly affects demand. However, she notes that historically high wage growth, driven by tight labor markets and compensation for high inflation, will support core inflation over the projection horizon, as it gradually returns […] The post ECB’s Lagarde expects inflation to continue falling with receding price pressures appeared first o... Read More

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Posted: Apr 14 2023, 11:49

Author Name: actionforex

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