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ECB's Rehn: Core inflation must slow before mulling easing
Monetary policy journey is not over yetInflation outlook continues to be too high for too longA lasting rise in inflation expectations is an upside risk to inflationThe lags and the strength of transmission (of rate hikes) to the real economy remain uncertainThe headline remark is a bit of a word of caution ahead of the Eurozone CPI data later today. Besides that, the other remarks are consistent with what we have heard before. This article was written by Justin Low at www.forex...
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Posted: Jun 1 2023, 05:27
Author Name: forexlive
Views: 110791