The Economic Times

Global Market: ECB's Lagarde says eurozone inflation has yet to trigger second-round effects

European Central Bank President Christine Lagarde highlighted rising Eurozone inflation linked to increased energy prices. While inflation is expected to approach 4%, second-round effects on wages remain unobserved. Lagarde emphasized that the ECB would maintain a cautious policy approach in response to these developments. The central bank is set to consider interest rate changes at upcoming meetings.