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Live Updates  >  Live Update Details

2026-11-04 02:37:26

European Central Bank Governing Council member Sleipong stated that a second-round effect has not yet been observed at this stage. Note: A second-round effect typically refers to the chain reaction where rising prices in upstream sectors such as energy and food gradually spread to broader areas like wages and services, triggering an upward inflationary spiral. Sleipong's statement provides important insight into the ECB's subsequent monetary policy adjustments.

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