✉news BusinessBanking first seen 13 h ago, last 8 min ago, peak #11
Lagarde: Eurozone Inflation to Rise but Not Entrenched
Original: Eurozone Inflation Set to Rise, but No Signs Yet of Becoming Entrenched, ECB’s Lagarde Says
European Central Bank President Christine Lagarde said eurozone inflation is expected to rise in the coming months, but stressed there are no signs yet of it becoming entrenched. The remarks matter for markets and households watching whether the ECB will keep or ease its policy stance, since entrenched inflation would likely force tighter policy for longer.
Why now: Investors and policymakers are watching ECB signals for clues on future interest rate decisions as inflation moves.
Christine LagardeEuropean Central BankEurozone
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