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European Central Bank President Christine Lagarde said inflation is likely to remain elevated in the near term. She told Japan's Yomiuri Shimbun that second-round effects, including wage increases, have so far remained in line with the ECB's expectations.
Persistent inflation could encourage the ECB to keep monetary policy restrictive for longer, which may support the euro against the US dollar. Currency shifts can affect the cost of imported feed and agricultural commodities.
brokersift.comNov 7, 2026After 388 past bullish macro events, Euro (USD per EUR) moved a median +0.3% over 5 sessions (62% higher; middle half -0.4% to +1.1%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
