ECB accounts: Higher for longer inflation scenario cannot be ruled out

In the accounts of ECB’s December 15-16 meeting, Governing Council members concurred that the “recent and projected near-term increase in inflation was driven largely by temporary factors that were expected to ease in the course of 2022. ” However, it was also “cautioned” that a “‘higher for longer’ inflation scenario could not be ruled out.” Thus, […]

The post ECB accounts: Higher for longer inflation scenario cannot be ruled out appeared first on Action Forex.