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Central Bankers In Europe And Germany Have Different Views On The Direction Of Inflation

European Central Bank President Christine Lagarde said that the central bank realizes that rising prices are a topic of concern to many people and will take it seriously. She also pointed out that the central bank's commitment to price stability is unswerving, which is crucial to stabilizing inflation expectations and stabilizing monetary confidence. . Lagarde's remarks still appeared to shy away from record-high inflation. On the other hand, Nagel, the new president of the German central bank, said that the inflation rate in the euro zone may be higher than the ECB expected, and that the rise in inflation is not entirely a temporary phenomenon, and the high inflation time may be longer than expected. The remarks reflect a hawkish voice within the ECB as inflation continues to heat up.
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