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APRIL 17, 2026 AT 01:01 PM

ECB President Lagarde says the uncertainty surrounding the outlook for euro area inflation has increased significantly following the outbreak of the war in the Middle East

Importance
Level 1
  • Inflation could turn out higher than the baseline, in particular if inflation expectations and wage growth were to rise more than expected. 
  • Risks to the outlook are tilted to the upside, especially in the near term
Created: 05 / 01 / 2026 / 02:34Updated: 05 / 01 / 2026 / 02:34