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ECB Expects Higher Inflation by 2027 and 2028 than Initially Estimated
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(Teleborsa) - During the hearing in the European Parliament the President of the European Central Bank Christine Lagarde defended the strategy on rates, responding to those who contest the rise because she does not face...
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The President of the European Central Bank (ECB), Christine Lagarde, has argued before the European Parliament's Committee on Economic and Monetary Affairs (ECON) for the increase in interest rates agreed at the September meeting and has pointed out that the current scenario requires a "measured" response to prevent the price surge from ending up being consolidated in inflation.
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