✉news BusinessEconomy first seen 4 h ago, last 45 min ago, peak #17
Lagarde says ECB will stick to measured rate steps against inflation
Original: ECB's Lagarde sticking to measured steps to quell inflation
Christine Lagarde, president of the European Central Bank, signalled that the bank will continue with gradual, measured policy steps to bring eurozone inflation back to target, rather than committing to aggressive moves either way. The approach keeps the ECB on a cautious path as officials weigh persistent price pressures against slowing growth in the euro area. Investors and economists are watching for clues on the timing and size of future rate decisions.
Why now: Markets are closely watching central bank signals on the future path of interest rates as inflation remains a concern
Christine LagardeEuropean Central Bankeurozone
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