ECB dramatically increases 2022 inflation forecastSees 2022 HICP inflation at 5.1% vs 3.2% in December
2023 inflation 2.1% vs 1.8% prior
Sees 2024 at 1.9% vs 1.8% prior
Lagarde warned inflation could be 'considerably higher' in the near termEnergy prices surged by 31% in February
They're going to lean on that 2023 fore
Source: ECB dramatically increases 2022 inflation forecast (https://www.forexlive.com/centralbank/ecb-dramatically-increases-2022-inflation-forecast-20220310/)
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