๐Ÿ‡ช๐Ÿ‡บ ECB SIGNAL: NO SECOND-ROUND INFLATION YET

ECB policymaker Olli Rehn says there are no clear signs of second-round inflation effects in the eurozone.

๐Ÿ“Œ Eurozone labor markets remain less tight than in 2022
๐Ÿ“Œ ECB continues monitoring inflation and labor data
๐Ÿ“Œ Rehn backs joint EU debt for stronger defense spending
๐Ÿ“Œ ECB is also watching Europeโ€™s political landscape ahead of elections

๐Ÿ’ถ What could this mean for ECB rate expectations and the euro?

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