Banking & Economics
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ECB prepares for ‘longer-lasting’ inflation as it lifts interest rates to 2.5%
Central bank’s president Christine Lagarde warns price shock driven by Middle East conflict will persist well into 2027
Key Highlights
- Central bank’s president Christine Lagarde warns price shock driven by Middle East conflict will persist well into 2027
- Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
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