“ECB’s Panetta Warns Soaring Profit Margins May Ignite Inflation Surge!”
European Central Bank (ECB) board member Fabio Panetta has expressed concerns that increasing profit margins might contribute to fueling inflation. His statement comes as the world economy witnesses rising inflation levels fueled by pandemic-related supply chain disruptions and a post-lockdown recovery across major economies. Panetta argues that even as companies face higher production costs due […]