© Reuters. SUBMIT PICTURE: A sight reveals the logo design of the European Reserve Bank (ECB) outside its head office in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker
MADRID (Reuters) – Core rising cost of living in the euro area is anticipated to stay high throughout the rest of this year, ECB policymaker Pablo Hernandez de Cos claimed on Monday, leaving the door open for additional rate of interest walks.
Rising cost of living in the euro area stopped by one of the most on document in March, however development in core rates increased, Eurostat information revealed last month.
” Core rising cost of living is anticipated to stay raised in the remainder of the year,” De Cos, that additionally chairs Spain’s reserve bank, informed a monetary occasion in Washington, D.C.
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