Euro area HICP inflation: ECB Staff Projections
She also warned on September 20 in Washington that the “uncertainty ahead is still profound.” Her comments came two days after the Federal Reserve lowered rates by 50 basis points. The ECB first cut rates by 25 basis points in June.
While Lagarde has taken a cautious approach to the ECB’s next rate decision, pressure may build on slowing growth across the 27-member bloc.
German unemployment climbed to 3.8% in August, compared to 3.2% year on year, the country’s Federal Statistical Office said on Friday.
“The eurozone is heading towards stagnation,” Cyrus de la Rubia, Hamburg Commercial Bank chief economist, said in an S&P Global press release on September 23.
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Publish date : 2024-09-27 10:13:00
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