Lagarde says the Middle East war has increased euro-area inflation risks
ECB President Christine Lagarde said the Iran war has made the euro-area inflation outlook more uncertain and tilted risks upward, especially if expectations and wages respond.
From the sources (10 posts)
@deitaoneECB'S LAGARDE: THE UNCERTAINTY SURROUNDING THE OUTLOOK FOR EURO AREA INFLATION HAS INCREASED SIGNIFICANTLY FOLLOWING THE OUTBREAK OF THE WAR IN THE MIDDLE EAST
@financialjuiceECB's President Lagarde: The uncertainty surrounding the outlook for Euro area inflation has increased significantly following the outbreak of the war in the Middle East
@financialjuiceECB's Lagarde: Determined to ensure inflation stabilizes at 2%
@financialjuiceECB's Lagarde: Inflation could turn out higher than the baseline, in particular if inflation expectations and wage growth were to rise in response more than expected
@deitaoneECB'S LAGARDE: NFLATION COULD TURN OUT HIGHER THAN THE BASELINE, IN PARTICULAR IF INFLATION EXPECTATIONS AND WAGE GROWTH WERE TO RISE IN RESPONSE MORE THAN EXPECTED
@firstsquawkECB'S LAGARDE SAYS THAT UNCERTAINTY ABOUT EURO AREA INFLATION HAS GROWN A LOT AFTER THE MIDDLE EAST WAR STARTED.
@firstsquawkECB'S LAGARDE SAYS UPSIDE RISKS TO OUTLOOK INCREASE, PARTICULARLY IN THE SHORT TERM.
@firstsquawkECB'S LAGARDE SAYS INFLATION MAY BE HIGHER THAN FORECAST, ESPECIALLY IF INFLATION EXPECTATIONS AND WAGE GROWTH INCREASE MORE THAN ANTICIPATED.
@firstsquawkECB'S LAGARDE SAYS THEY ARE WATCHING THE SITUATION CAREFULLY.
@businessEuropean Central Bank President Christine Lagarde said dangers to the region’s price outlook are skewed to the upside as officials continue to assess the economic damage being wrought by the Iran conflict