US EditionEuropean Central Bank head: Frequent shocks to economy make inflation more unpredictable
- Inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia’s invasion of Ukraine, stated European Central Bank President Christine Lagarde.
- Lagarde highlighted that supply disruptions lead companies to change their prices more frequently, resulting in volatile inflation rates.
- Lagarde emphasized the importance of scenario analysis to illustrate the wide range of possible inflation outcomes and reduce false certainty.
- The European Central Bank reaffirms its inflation target of 2%, with annual price increases recorded at 1.9% in May.
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Winnipeg Free Press+32 Reposted by 32 other sources
European Central Bank head: Frequent shocks to economy make inflation more unpredictable
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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The President of the European Central Bank (ECB) warned today that the shocks in the search are more frequent and the fastest companies to adjust prices, making inflation more volatile. In the discussion at the ECB's forum, which takes place in Sintra until Thursday, Christine Lagarde focused on lessons learned in the central bank's strategy assessment presented today. The manager admitted that the uncertainty environment has come to remain, at …
·Portugal
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Total News Sources34
Leaning Left5Leaning Right4Center22Last UpdatedBias Distribution71% Center
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- 71% of the sources are Center
71% Center
L 16%
C 71%
13%
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