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President Lagarde presents the latest monetary policy decisions – 27 July 2023
The ECB Podcast
The Future of the Euro-Atlantic Economy
Underlying inflation remains high overall, including owing to the persistent impact of fast energy price increases on economy-wide prices. Rising wages and still robust profit margins are becoming an increasingly important driver of inflation. Downside risks to growth include rushes and justified war against Ukraine and an increase in broader geopolitical tensions. Growth could also be slower if the effects of monetary policy are more forceful than expected.
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