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‘Lagarde Shouldn’t Make Such a Fuss, It’s Just a Stagflationary Shock’

Summary by bnr.nl
Now that the ECB has decided to leave interest rates unchanged for the seventh consecutive time, fears are rising that the ECB is intervening too late due to low growth in the European Union and allowing inflation to rise further than the current 3 percent. This fuels concerns about possible stagflation: a recession accompanied by even higher inflation.

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bnr.nlbnr.nl
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‘Lagarde Shouldn’t Make Such a Fuss, It’s Just a Stagflationary Shock’

Now that the ECB has decided to leave interest rates unchanged for the seventh consecutive time, fears are rising that the ECB is intervening too late due to low growth in the European Union and allowing inflation to rise further than the current 3 percent. This fuels concerns about possible stagflation: a recession accompanied by even higher inflation.

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bnr.nl broke the news on Monday, May 4, 2026.
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