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ECB's Schnabel Highlights Inflation Risks Despite US-Iran Peace Deal
2 sourcesFirst reported 25 days agoUpdated 24 days ago
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What all sources covered
- Isabel Schnabel warned of upside inflation risks amid a US-Iran peace agreement.
- She stated that price pressures could be stronger than expected.
- Energy price shocks may fuel broader inflation dynamics as the Strait of Hormuz reopens.
- The ECB is expected to implement further interest rate hikes to achieve a 2% inflation target.
- Inflation in the Eurozone is projected to slow to 3% for June, with structural price growth remaining high.
2 sources
Who reported first
BloombergFirst
newsit.gr+19h
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