Energy is pushing up inflation numbers and food inflation has also increased, says President @Lagarde.
But the underlying indicators are stable and we are currently not seeing signs of second-round effects beyond those incorporated in our projections ecb.europa.eu/press/inter/da…
The European Commission’s competitiveness initiative is a chance to further strengthen the banking sector after a decade of progress, write Supervisory Board Chair Claudia Buch and Single Resolution Board Chair Dominique Laboureix.