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ECB Accounts: Headline inflation was set to rise further over the summer and remain well above target into the first half of 2027, despite a

ECB Accounts: Headline inflation was set to rise further over the summer and remain well above target into the first half of 2027, despite almost three 25 basis point interest rate hikes being embedded in the projections

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11:33:03 AM UTC
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ECB Accounts: Headline Inflation Was Set To Rise Further Over The Summer And Remain Well Above Target Into The First Half Of 2027, Despite Almost Three 25 Basis Point Interest Rate Hikes Being Embedded In The Projections

All Members Viewed The Risks Surrounding The Inflation Outlook As Being To The Upside Relative To The Staff Baseline Projections If Energy Prices Did Not Decline As Implied By The Futures Curves, Above-Target Inflation Was Likely To Prove Considerably More Persistent