ECB’s Schnabel Sees Upside Inflation Risks Despite Peace Deal


Euro-area inflation likely slowed in June to 3% from 3.2%, according to a Bloomberg survey, with data due next week. Analysts expect core price growth, excluding energy and food, to stay at 2.6%, significantly above the ECB’s target. Earlier this month, officials concluded that they can no longer look through the shock and raised rates. 



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