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ECB's Lagarde says expect euro area inflation to continue to fall

ECB's Lagarde says expect euro area inflation to continue to fall
This comes as lagged price pressures fade outRapid wage growth is keeping core inflation up and will remain high for some timeThis will take some time before easing slowlyOutlook remains surrounded by considerable uncertaintyRisks to the growth outlook are tilted to the downsideAll things being equal, the ECB is likely to lean more towards a 25 bps rate hike next month. The narrative now is that price pressures are still holding up, in particular core inflation, and that is validating their deci... Read More
Posted: Apr 14 2023, 10:36
Author Name: forexlive
Views: 102213

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