-
ECB's President Lagarde: The ECB are to set rates as high as necessary for inflation
ECB'S PRESIDENT LAGARDE: THE ECB ARE TO SET RATES AS HIGH AS NECESSARY FOR INFLATION.
— Breaking Market News (@financialjuice) August 25, 2023
-
Lagarde: Policymaking in an age of shifts and breaks
Over the past three years, people around the world have experienced an unprecedented series of shocks, albeit to varying degrees. We have faced the pandemic, resulting in a partial shutdown of the global economy. We are confronting a war in Europe and a new geopolitical landscape, leading to profound changes in energy markets and trade patterns. And climate change is accelerating, compelling us to do all we can to decarbonise the economy. One visible impact of these shifts has been the return of high inflation globally, which has caused anguish for many people. Central banks have responded by tightening monetary ... (full story)
-
ECB'S LAGARDE: WE ARE LIKELY TO EXPERIENCE MORE SHOCKS EMANATING FROM THE SUPPLY SIDE ITSELF
— *Walter Bloomberg (@DeItaone) August 25, 2023
-
ECB'S LAGARDE: WE NEED TO SET RATES AT SUFFICIENTLY RESTRICTIVE LEVELS FOR AS LONG AS NECESSARY TO ACHIEVE A TIMELY RETURN OF INFLATION TO OUR 2% MEDIUM-TERM TARGET.
— Breaking Market News (@financialjuice) August 25, 2023
-
ECB'S LAGARDE: WE ALSO NEED TO BE OPEN TO THE POSSIBILITY THAT SOME OF THESE CHANGES COULD BE LONGER-LASTING.
— Breaking Market News (@financialjuice) August 25, 2023