Lagarde speech: Neither committed to raise further nor are we finished with hiking rates – by eren_fxstreet ECB CentralBanks
President Christine Lagarde reiterated on Wednesday that underlying inflation dynamics in the Eurozone remain strong, as reported by Reuters."Times are very uncertain.""While more restrictive credit conditions are part of the mechanism by which our tightening ultimately brings inflation back to target, we will make sure that the process will be orderly.""If, for example, banks start to apply a larger intermediation wedge – then transmission is stronger.
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