Stock Groups

Euro zone inflation will take longer to come down: ECB’s Lagarde -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO – The European Central Bank’s headquarters can be seen at Frankfurt (Germany), March 7, 2018. REUTERS/Ralph Orlowski/File photo

FRANKFURT /Reuters – The euro area’s inflation will continue to fall due to rising energy prices and persisting supply chain bottlenecks. Christine Lagarde (European Central Bank) said this Monday.

She stated that although the length of supply restrictions is not certain, they will likely persist for many months and then gradually ease during 2022.”

Lagarde said that inflation will continue to moderate in the coming year. However, it may take longer for it to fall than initially expected.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for loss or damages resulting from reliance on data including charts, buy/sell signals, and quotes. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.



[ad_2]