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Lagarde Says ECB Can Act Again as Rate Impact Gauged

From bnnbloomberg.ca

European Central Bank President Christine Lagarde said officials will raise interest rates again if they have to, but they’re also gauging the impact of prior moves still feeding through. Speaking to Bloomberg Television’s Tom Keene during a panel discussion in the Moroccan city of Marrakech, she said that policymakers are judging “multiple moving parts” that will affect the outlook of economies in the euro zone and around the world, including how previous hikes in borrowing costs are taking effect. “We are seeing tightening of financing conditions like it has never happened before,” Lagarde said. “We know that there ... (full story)

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  • Category: Fundamental Analysis