ECB's Lagarde: Risks to the growth outlook are to the downside

• Some indicators of underlying inflation have been driven higher by energy shock
• Firms are getting ready to pass on higher input prices
• Households in solid financial position
• Consumption is a driver of growth
• The conflict is weighing on activity
• Domestic demand weaker than projected in March
• Most measures of inflation expectations stand at around 2%

This article was written by Adam Button at investinglive.com.

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