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وكالة الأنباء القطرية
ECB Warns Rising Yields May Slow Growth
The President of the European Central Bank, Christine Lagarde, confirmed that rising long-term bond yields in the Eurozone are constraining economic growth and increasing inflationary pressures. Yields rose to 3.2% in August from 2.9% in July, with projections indicating that inflation will continue to rise to 3% in 2026. She also noted that the bank is monitoring the impact of higher energy prices on inflation and wages, as it continues its gradual monetary policy aimed at lowering inflation to 2%. The bank decided to increase interest rates by 25 basis points in September, reaffirming that a shift to more aggressive tightening is unlikely at this time.
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