ECB’s Lagarde on Inflation: Domestic Drivers Overtake External Sources

<p><img width="509" height="339" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-ecb13.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p>
<p>In her address to European Parliament&#8217;s Committee on Economic and Monetary Affairs, ECB President Christine Lagarde noted that the fall in October&#8217;s inflation to 2.9% was due to both &#8220;general decline&#8221; and &#8220;base effects,&#8221; with non-energy and non-food inflation continuing to moderate. However, domestic inflation, less affected by imports, remains stubbornly high, indicating inflation is [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/live-comments/529164-ecbs-lagarde-on-inflation-domestic-drivers-overtake-external-sources/">ECB&#8217;s Lagarde on Inflation: Domestic Drivers Overtake External Sources</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>