European Inflation Will Likely Remain 'Significantly' Above Target Due To The 'Energy Price Shock,' ECB Official Warns
- Posted on June 30, 2026
- By International Business Times
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- 1 min read
European Inflation Will Likely Remain 'Significantly' Above Target Due To The 'Energy Price Shock,' ECB Official Warns
Joachim Nagel, the president of Germany's central bank, said inflation is at risk of staying above target despite the ceasefire between the U.S. and Iran.
