Euro-Zone Core Inflation Set for New Record in Test of ECB Nerve
- Underlying gauge seen rising, headline measure sharply slowing
- Lagarde has warned of domestic pressures stoking price growth
ECB President Christine Lagarde
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Underlying inflation probably reached a new euro-era record this month, an outcome likely to rile European Central Bank officials fretting about threats posed by banking turmoil.
The data for March due next Friday will show further acceleration in the so-called core gauge that strips out volatile elements such as energy and food, according to economists.