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ECB's Lagarde says is wary of a wage-price spiral - "following that very closely"

European Central Bank President Lagarde spoke in an interview with French media outlet Le Figaro published on Sunday.In brief:"I hear some people say that the final rate hike will take place in September. There could be a further hike of the policy rate or perhaps a pause.""Inflation is undoubtedly falling""The second quarter GDP figures for France, Germany and Spain are quite encouraging," "They support our scenario of GDP growth of 0.9% in the euro area this year."Lagarde was asked about a wag... Read More

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Posted: Jul 30 2023, 20:21

Author Name: forexlive

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