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ECB Lagarde on higher rates: "In the short term, core inflation is going to be high,"

ECB Lagarde on higher rates:

European Central Bank President Lagarde spoke over the weekend, with Spanish media group Vocento.

  • "In the short term, core inflation is going to be high
  • further rate increase now "very very likely"

And, the kicker (but hardly new news):

  • "We must continue to take whatever measures are necessary to bring inflation back to 2%. And we will do so"
This article was written by Eamonn Sheridan at www.forexlive.com... Read More
Posted: Mar 5 2023, 22:29
Author Name: forexlive
Views: 092152

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