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ECB Member Fabio Panetta Claims Rising Profit Margins Could Be Fueling Inflation

Post author:MiamiCrypto
Post published:April 5, 2023
Post category:christine lagarde ECB Economics European Central Bank Fabio Panetta inflation Jack Allen-Reynolds rising profit margins

Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an…

European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’

While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout…