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ECB's Lagarde: Inflation remains too high

ECB's Lagarde: Inflation remains too high
We are committed to reaching inflation target come what mayWe cannot waver, cannot declare victory yetNeed to bring rates to "sufficiently restrictive" territoryNeed to communicate clearly that we will stay at those levels for as long as necessaryHave not yet seen the full impact of the cumulative rate hikes since last JulyNot likely to say with full confidence that rates have peakedIn essence, her hawkish remarks here are brushing aside the setback seen in the economic data since the end of las... Read More
Posted: Jun 27 2023, 08:10
Author Name: forexlive
Views: 081089

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