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UPDATE 2-ECB's Lagarde says many causes of inflation spike are temporary: CNBC

Business & Finance

2 Min Read

FRANKFURT (Reuters) -Many of the drivers of a recent spike in euro zone inflation are temporary and due to fade in the next year, European Central Bank President Christine Lagarde said in an interview aired on CNBC on Friday.

FILE PHOTO: President of the European Central Bank (ECB) Christine Lagarde speaks as she takes part in a news conference on the outcome of the Governing Council meeting, in Frankfurt, Germany, September 9, 2021. REUTERS/Kai Pfaffenbach

Euro zone prices have been rebounding fast

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