ECB President Lagarde Forecasts High Eurozone Inflation
- 1European Central Bank President Christine Lagarde said Eurozone inflation will remain at high levels for the next few quarters.
- 2With core inflation recording 2.5% in October, specific items will be reviewed to decide on a 25 basis point interest rate hike next month.
- 3Christine Lagarde announced she will resign in February 2027.
So what's the key point?
The European Central Bank President said prices will continue to be high. The inflation figure recorded 2.5% and plans are being reviewed to decide how much to raise interest rates next month.
Source Investing.com · View original ↗
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