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ECB's Lagarde States Inflation Risks Are Tilted to the Upside on July 23

Commodities Forex

2026-07-23 13:17:19

According to Jin10, ECB President Christine Lagarde said on July 23 that inflation risks are tilted to the upside. Energy shocks could intensify further, with broader price and wage impacts potentially exceeding current expectations, she said. Persistent high energy prices increase the likelihood of second-round inflation effects, while extreme weather events and broader climate crises could push food prices higher than anticipated.

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