ECB's Radev says some indications of second-round effects are being seen

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ECB's Radev says some indications of second-round effects are being seen

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Context

ECB's Radev highlighting second-round effects suggests that inflationary pressures may be becoming more entrenched in the economy. This could be interpreted as a move towards a potentially more hawkish stance from the ECB, influencing expectations for interest rates. Traders should monitor how this commentary impacts the EUR and fixed income markets in response.

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