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ECB Vice President: Persistently High Inflation in Autumn May Suppress GDP
2026-09-18 17:03:26 European Central Bank Vice President Boris Vujcic said market bets on further ECB rate hikes were mainly driven by rising energy prices, but he stressed that the central bank does not look solely at energy prices when making monetary policy decisions, and instead considers broader data and criteria, Reuters reported. He said focusing only on energy prices is not advisable. If inflation remains elevated throughout the autumn and affects household income and consumer behavior, it will also have a suppressive effect on GDP, in his forecast. ~ AASTOCKS Financial News Website: www.aastocks.com | |