ECB Economic Bulletin: Inflation is projected to remain too high for too long ECB CentralBanks EURUSD GDP Inflation
Key highlights“The new ECB staff macroeconomic projections were finalized in early March before the recent emergence of financial market tensions.”“Wage pressures have strengthened on the back of robust labor markets and employees aiming to recoup some of the purchasing power lost owing to high inflation. for economic growth are tilted to the downside. Persistently elevated financial market tensions could tighten broader credit conditions more strongly than expected and dampen confidence.
“According to ECB staff March 2023 projections, the euro area fiscal outlook is set to improve over the projection horizon. “Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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