Daniel Lacalle argues an ECB rate hike may be hard to justify as euro zone inflation pressure looks increasingly energy-driven, not broad-based. He points to core inflation at 2.4%, services at 3.0%, and headline CPI at 3.3% after a 14.3% jump in energy prices.
published
Daniel Lacalle argues an ECB rate hike may be hard to justify as euro zone inflation pressure looks increasingly energy-driven, not broad-based. He points to core inflation at 2.4%, services at 3.0%, and headline CPI at 3.3% after a 14.3% jump in energy prices
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