ECB's Lagarde says firms face higher costs, supply chain disruptions

You are stating the OBVIOUS.

What are you going to do about it? Actually what CAN you do about it?

Are Ms. Lagarde's words hawkish or dovish?

Definitely dovish.

No she sounds eurirsh

Eurousd down down down!!!!

One thing is clear that inflation in Euro area is affected by EURUSD rate. In 6 to 9 months we will see inflation taming. Already from Iron , Copper to Soybean and Wheat, many commodity prices fell sharply. Some wage inflation is still there to come but as supply side problems ease and base effects showing itself as a mathematical reality, I expect to see inflation around 4% by February 2023. They have waited too long to move the rates and caused the problems ( partially ) and now again they have no insight about the future. They just follow the realization just like you and me and make the Obvious thing. Best job on earth

Sit tight! We're gonna take off!

There's a statement about inflation risk so..... this sound Dovish to me

she made mistake by Printing money in EU in the name of supply chain problems (or whatever package name PEPP ) and yet it did not work cuz the more a person or entity has money the more that entity buy and create more inflation and money goes to corporations and thus higher inflation and when she realized that it was mistake she refused to rise interest rate again in the name of UKRAIN RUSSIAN WAR ( energy crisis and called the core CPI the real inflation which was a lie to whoever person live in EU) and now she gets it which is no fucking Printing money in the world help to resolve shortage and finally rise interest rate she could of done month ago

Next will be the Us interest rate

omg why eurusd down bigtime ")

it seems euro area has a big problems and they can not control it even with this 50 point raise .

correction ends here and dollar will start a new bullish wave again

Because that is the overall trend...

Market Maker playing. EUR/USD will rise soon

Famous line of EU buyers over the past 12-15 months XD

For those with questions. The 0.5% looked like a good bullish move. But lagarde was quite pragmatic on her interview saying the 0.25%+0.25% move was joined this month and they would not hike next month. Therefore the market rebounded and will most likely go further down for the multiple reasons it was going before because in the end this alters nothing.