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Lagarde says measured ECB rate hikes remain appropriate

Original: Measured ECB hikes to quell inflation remain appropriate, Lagarde says

European Central Bank President Christine Lagarde said that measured interest rate hikes to bring inflation back down remain appropriate. The comments signal the ECB intends to keep tightening policy in measured steps as it battles persistent eurozone price pressures, and traders are watching for further guidance on the pace of future increases.

Why now: Markets and savers are focused on how much further the ECB will raise rates amid persistent eurozone inflation.

Christine LagardeEuropean Central Bankeurozone

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Evidence

• Measured ECB hikes to quell inflation remain appropriate, Lagarde says · Merced Sun-Star
• Measured ECB hikes to quell inflation remain appropriate, Lagarde says · Reuters
• Measured ECB hikes to quell inflation remain appropriate, Lagarde says · Yahoo Finance

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