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2026-05-26 21:17:36
[Inflation at 3% Far Exceeds Target; ECB Vows to Do Everything Possible to Curb Prices] ⑴ ECB Governing Council member Sleipen stated on Tuesday that the ECB will take all necessary measures to bring consumer price growth back to its target level, and policymakers will have more information than ever before at the June meeting. ⑵ Sleipen clearly stated that the ECB will do everything possible to ensure inflation returns to a stable price trajectory; currently, April's price increase reached 3%, far exceeding the ECB's 2% target. ⑶ Policymakers are currently weighing two factors: on the one hand, inflationary pressures stemming from the Iran war and the resulting surge in energy costs; on the other hand, slowing economic growth and risks to financial stability.
