#ECB’s Lagarde: Did “a lot of soul searching” but concluded #inflation pickup is temporary. Mkts not

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#ECB's Lagarde: Did "a lot of soul searching" but concluded #inflation pickup is temporary. Mkts not so convinced. Inflation expectations (measured by 5y5y swaps) have jumped to highest since 2014. h/t Holger Zschaepitz

#ECB's Lagarde: Did

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