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ECB's Lagarde: We still have to pursue higher rates, don't know the peak yet

ECB's Lagarde: We still have to pursue higher rates, don't know the peak yet
  • We will have to stay at higher levels for a period of longer
  • Future rate path will be data-dependent
  • We have to use all the tools at our disposal to bring inflation down

She's not really giving anything away but after the higher inflation data this week, euro area bond yields will continue to stay buoyed so long as the communique remains as it is. 10-year German bond yields are up 4 bps now to 2.754% in European morning trad... Read More

Posted: Mar 2 2023, 08:20
Author Name: forexlive
Views: 110897

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