ECB Raises 2026-2027 Inflation Forecasts to 3% and 2.3% Respectively

According to the European Central Bank, the ECB raised its inflation forecasts for 2026 to 3% from a prior estimate of 2.6%, and for 2027 to 2.3% from 2%, marking an upward revision. The 2028 forecast was slightly lowered to 2.0% from 2.1%.
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