Lagarde Says She Knows Where ECB Is Headed on Rates
Source: Bloomberg Politics · Bias: Center
Summary
European Central Bank President Christine Lagarde said she knows where, directionally, the central bank is headed. She also added the ramp-up in oil and natural gas costs is not yet triggering so-called "second-round effects." Lagarde was speaking to reporters at a press conference following the ECB's decision to keep rates unchanged. (Source: Bloomberg)
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