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ECB's Lagarde orders oil and gas price analysis ahead of September rate decision
ECB President Lagarde orders staff to model oil and gas price scenarios ahead of September, with adverse inflation projections reaching 4.4%.
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zerohedge.com
ECB Keeps Rates Unchanged (As Expected), Warns 'Full Energy Inflationary Shock Yet To Come'
The ECB reiterated it won’t pre-commit but act one meeting at a time based on information as it arrives.
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cryptobriefing.com
Lagarde: Energy shocks driving euro area inflation, oil price expectations rise
Lagarde cites energy shocks as key inflation drivers in the euro area. Crude oil reaching a new all-time high by December 31 at 16.5% YES.
