Forex

ECB President Christine Lagarde asserts multiple rate hikes this year

2022-09-28 07:39:05 GMT (Economies.com)

European Central Bank President Christine Lagarde said the bank will continue to increase interest rates in the upcoming meetings until inflation is brought back to 2%. 

 

Lagarde said the ECB needs to give out a strong signal that it will not allows high inflation outlook to prevail in the euro zone. 

 

Lagarde admitted some planning mistakes while future outlooks remain uncertain.

More News

Risk Disclaimer : Economies would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore Economies does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.