ECB's Lagarde says euro-area inflation may stay high for several quarters
Briefing by News4U · First published
Sina Finance reported that European Central Bank President Christine Lagarde said euro-area inflation will remain high for the next few quarters, with no sign yet of second-round effects exceeding forecasts; she noted October core inflation stayed at 2.5 percent and that the ECB will review detailed data before deciding on December rate policy. [1]
Sources
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Sina Finance · · Full text