ECB President Christine Lagarde asserts multiple rate hikes this year

Economies.com
2022-09-28 07:39AM UTC

European Central Bank President Christine Lagarde said the bank will continue to increase interest rates in the upcoming meetings until inflation is brought back to 2%. 

 

Lagarde said the ECB needs to give out a strong signal that it will not allows high inflation outlook to prevail in the euro zone. 

 

Lagarde admitted some planning mistakes while future outlooks remain uncertain.

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