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Interview with Christine Lagarde, President of the ECB, conducted by Marie-Pierre Gröndahl
The ECB raised its key interest rates for the tenth consecutive time in fourteen months, bringing the rate on the deposit facility to 4%, its highest level since the launch of the euro. Coming at a time when people are concerned about the level of interest rates, was this move justified? We first need to put the action taken by the European Central Bank into context. For several years now the world has been facing a “permacrisis”, a constant succession of serious and unprecedented crises − in terms of their scale, their impact and the speed at which they emerged. The health crisis was followed by Russia’s ... (full story)
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European Central Bank President Christine Lagarde said in an interview published on Sunday that she was confident the ECB would meet its target of getting inflation back down to 2%, and relatively confident over Europe's gas reserves situation. https://t.co/Jag3c1ZrKA
— PiQ (@PiQSuite) October 8, 2023