- Analytics
- News and Tools
- Market News
- ECB’s Lagarde: We still have more ground to cover in fight against inflation
ECB’s Lagarde: We still have more ground to cover in fight against inflation
European Central Bank (ECB) President Christine Lagarde said on Wednesday, “we still have more ground to cover in the fight against inflation.”
Additional quotes
“There are factors that can induce significant upside risks to the inflation outlook.”
“ECB has to be extremely attentive to potential risks, in particular wage increases.”
“We have moved in a very deliberate, decisive way to fight inflation.”
“But we still have more ground to cover.”
“We do not forecast a recession in our baseline projection for this year.”
“We are in a better position now than where we were six months ago.”
Market reaction
Despite the hawkish comments from Lagarde, EUR/USD is holding lower near 1.0950, down 0.09% on the day.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
