ECB: Energy Prices Will Keep Euro Area Inflation Above Target by Mid-2020/ Lagarde Announces "Measured Reaction"
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BANGKOK – The European Central Bank (ECB) anticipates a prolonged period of high inflation as a result of the war in the Middle East and sharply rising energy prices. Inflation in the eurozone rose to 3.8 percent in September and is expected to remain above the 2 percent target well into 2027 […]
Higher energy prices will keep euro area inflation well above the target of the European Central Bank (ECB) by the first half of 2027, and the institution will continue to take a cautious approach in setting interest, under conditions where the energy shock threatens to increase price pressures, said ECB President Christine [...] Article ECB: Energy prices will keep euro area inflation above target by mid-2027/ Lagarde announces "a measured reac…
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