The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Euro area price growth outlook continued to be surround by significant uncertainty and it is not yet time to declare the end of the fight against inflation, European Central Bank President Christine Lagarde said Monday. "Looking ahead, we expect the weakening of inflationary pressures to continue, even though headline inflation may rise again slightly in the coming months, mainly owing to some base effects," Lagarde said in a speech at a European Parliament hearing. "However, the medium-term outlook for inflation remains surrounded by considerable uncertainty."
The ECB chief pointed out that the bank's indicator of domestic inflation has not eased much, signaling that "inflation is now driven more by domestic sources than by external sources."
Wage pressures remain strong, which is mainly due to "catch-up" effects related to past inflation rather than a self-fulfilling dynamic, Lagarde said. The ECB expects wages to continue to be a key factor driving domestic inflation.
"This is not the time to start declaring victory," Lagarde said.
"We need to remain attentive to the different forces affecting inflation and firmly focused on our mandate of price stability."
The ECB expects the euro area economy to remain weak for the rest of the year. Lagarde also said there were some signs that job growth may lose momentum towards the end of the year.
"While the short-term outlook remains subdued, the economy is set to strengthen again over the coming years as inflation falls further, household real incomes recover and the demand for euro area exports picks up," Lagarde said.
