ECB's Lane Warns Euro Zone Inflation Still Too High at 3%
The European Central Bank's (ECB) Lane says that 3% euro zone inflation remains too high, according to a report by Investing.com India.
Lane is quoted in the report as saying that 3% inflation 'remains too high' but does not specify what would be an acceptable rate. The ECB has been concerned about inflation rates in the euro zone, which have risen recently due to various factors including supply chain disruptions and higher energy prices.
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