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Despite a less benign inflation outlook, the ECB kept its policy rates unchanged. In the policy statement, the ECB’s emphasises its determination to ensure that inflation stabilises at 2% over the medium term, and Lagarde indicated that the ECB has the agility to act quickly if necessary. Taking into account the latest developments in the Middle East, the ECB may hike in April to prevent the risk that high inflation becomes entrenched again.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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