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Updated · Bloomberg · May 24ECB to Raise 2026 Inflation Outlook Above 2.6% in June, Lagarde Says
1 articles · Updated · Bloomberg · May 24
- Christine Lagarde said the ECB will probably lift its June inflation forecast from the 2.6% rate projected in March.
- The revision reflects an economic backdrop that has "evolved" since the last staff projections, she said in an interview aired Sunday.
- The update is due at next month’s policy meeting, when ECB officials will refresh their outlook for prices and the wider euro-area economy.
With inflation surging past 3%, is the ECB pushing the Eurozone into recession to tame prices? Beyond interest rates, what can Europe do to shield its economy from geopolitical energy shocks?