✉news BusinessBanking first seen 5 h ago, last 5 min ago, peak #14
Lagarde Warns of Darkening Inflation Picture in Europe
Original: Lagarde Paints Darkening Picture of Inflation in Europe
European Central Bank President Christine Lagarde has offered an increasingly bleak assessment of inflation in the euro area, according to Bloomberg. Her comments point to mounting concern within the bank that price pressures are proving more persistent than hoped, keeping the spotlight on the outlook for interest rates and the eurozone economy.
Why now: Markets and households are closely watching the ECB's inflation stance for clues on future interest rate decisions.
Christine LagardeEuropean Central BankEurozone
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