ECB's Lagarde flags downside growth risks, upside inflation risks
Published 2 d ago7 sourcesEvidence: Reported
Spain's consumer prices rose 0.6% m/m in October and 4.9% y/y, indicating persistent inflationary pressure. The data suggests the ECB's tightening cycle may need to continue, though the monthly pace is moderate. This keeps eurozone inflation concerns alive and supports a hawkish ECB stance.
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