ECB Lagarde warns of simultaneous rise in company profits and wages

<p>ECB President Christine Lagarde voiced concerns over lingering inflation risks in a recent interview with Geneviève Van Lède, conducted on July 5. Lagarde noted that while inflation “has started to decline,” it remains “still higher than our medium-term target of 2%,” according to the ECB’s staff projections. The expectation is for it to remain above […]</p>
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