ECB’s Lagarde: Inflation upswing is largely driven by temporary factors 0 (0)

Remarks by ECB president, Christine Lagarde
– Price pressures could become more persistent if supply bottlenecks last longer
– Or if wages rise more than currently anticipated
Is anyone else sick of all the transitory talk yet? The ECB is pretty much put between a rock and a hard place here as they can’t acknowledge more sticky inflation

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