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المشهد العربي
Lagarde predicts ongoing Eurozone inflation
European Central Bank President Christine Lagarde confirmed that inflation rates in the eurozone will remain high for a prolonged period due to the ongoing energy crisis linked to conflicts in the Middle East and their impact on oil and gas prices, which threaten economic growth and cause a slowdown. Following this, the European Central Bank decided to raise interest rates for the second time in a short period in an effort to bring inflation back to the 2% target, as it currently remains above 3%.
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