While inflation has started to fall across the euro area, underlying price growth is proving stickier than expected, ECB executive board member Isabel Schnabel has warned.
While energy contributions to headline price growth are falling quickly, other components such as food, are still on the rise, she told the Chicago Booth Conference in the US on Sunday. Markets dialled down their expectations for further interest rate hikes, potentially easing the pressure on Irish mortgage holders, after the ECB presented a more benign inflationary outlook while raising concern about ongoing turbulence on financial markets.
Addressing Large energy and food company profiteering might be a good start to reducing inflation
You mean staggy ?
Another so called expert.
Addressing Large energy and food company profiteering might be a good start to reducing inflation