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via fxstreet.comEconomy

ECB's Lagarde warns inflation risks persist as energy and AI trends diverge

FROM THE WIRE · FXSTREET.COM

European Central Bank (ECB) President Christine Lagarde crossed the wires on Thursday and said that “the current situation is made hard by the energy shock and AI pulling in opposite directions.”

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralECB President's comments on inflation and energy can move rates and the euro.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Lagarde said the situation is complicated by the energy shock.
  2. 02She said the energy shock and AI are pulling in opposite directions.
  3. 03Inflation risks remain, according to the ECB President.

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