ECB accounts: Earlier path to 2% inflation, downside risks increase

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ECB accounts: Earlier path to 2% inflation, downside risks increase

In reviewing the October meeting accounts, ECB policymakers broadly agreed that the disinflationary trend in the Eurozone is progressing “well on track”. While “upside risks” to inflation persist, they are now viewed as less significant, whereas “downside risks” have increased, influenced by slower economic activity. This shift in balance suggests that inflation may reach the […]

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