Time and money are largely interchangeable terms. - Winston S. Churchill

Finance

Inflation expectations are much higher than before, says ECB's Lagarde

Photo by Krzysztof Hepner / Unsplash

A return to low inflation is unlikely, she added.

Lagarde hopes fiscal policy will focus on supporting the most vulnerable, not the broader population.

The recovery in services continues and is supporting the economy, the official said.

We have clearly indicated what could happen in July," she said.

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