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Market news

10 June 2021

ECB's president Lagarde: PEPP purchases will continue to be "significantly higher" than prior in the quarter ahead

  • Headline inflation forecasts remain below target over the forecast horizon
  • Underlying price pressure remains subdued due to slack
  • Projections signal a gradual increase in core inflation
  • Headline inflation likely to increase in coming months
  • Financing conditions are broadly stable
  • Overall risks are broadly balanced
  • Global demand, fiscal measures support activity in Eurozone
  • ECB will continue to monitor foreign exchange rate
  • Surveys point to a sizable improvement in the second quarter
  • Surveys indicate a strong services recovery
  • We expect growth to improve strongly in H2
  • Core inflation is projected to rise to 1.1% in 2021 to 1.3% in 2022, 1.4% in 2023
  • Temporary factors are behind inflation projection rise
  • Once the pandemic impact fades, underlying inflation will gradually rise in medium-term

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.42% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.