ECB’s Lagarde: Growth Was Broad-Based Across Most Countries And Sectors. This Pattern Is Expected To Have Continued In Q3
Outlook Continues To Be Surrounded By High Uncertainty - Manufacturing Is Performing Solidly, Labour Market Remains Robust - Major Technological Advancements Have Not Reduced Employment, But Right Now Verdict On AI Is Still Out - We See Higher Inflation Ahead But No Signs Yet That It Is Becoming Embedded. - Inflation Outlook Will Be Higher In 2027 And 2028 Than We Expected A Few Months Ago - We Remain In The Middle Path For MonPol That I Laid Out Earlier This Year - We View A Measured Response As Appropriate To Keep Inflation In Check - This Means That While The Shock Is Too Large To Look Through, We View A Measured Response As Appropriate To Keep Inflation In Check
Outlook Continues To Be Surrounded By High Uncertainty - Manufacturing Is Performing Solidly, Labour Market Remains Robust - Major Technological Advancements Have Not Reduced Employment, But Right Now Verdict On AI Is Still Out - We See Higher Inflation Ahead But No Signs Yet That It Is Becoming Embedded. - Inflation Outlook Will Be Higher In 2027 And 2028 Than We Expected A Few Months Ago - We Remain In The Middle Path For MonPol That I Laid Out Earlier This Year - We View A Measured Response As Appropriate To Keep Inflation In Check - This Means That While The Shock Is Too Large To Look Through, We View A Measured Response As Appropriate To Keep Inflation In Check