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  • MoneyWeek

    ECB set to hike as stagflation beckons

    Jun 10, 2022 2 minutes
    Alex Rankine Markets editor

    “The eurozone is on the brink of stagflation,” says Eric Albert in Le Monde. Annual inflation hit 8.1% last month, a level unprecedented since the creation of the single currency. Energy prices, which rose at an annual rate of 39% in the past year, were the main

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