ECB’s Lagarde: We will set rates at restrictive level for as long as needed

  • We will return to 2% inflation target
  • To set rates at restrictive level as long as needed for that
  • Eurozone will not grow as much as expected earlier, but should pick up in 2024
  • Weaker growth does not mean recession

She’s not really offering too much pushback or explicitly keeping the door open for another rate hike, similar to yesterday. As for the likelihood of a recession, let’s just say it never is a good sign when policymakers have to mention the R-word itself in trying to defend their stance.

This article was written by Justin Low at

Go to Forexlive

Wie hilfreich war dieser Beitrag?

Klicke auf die Sterne um zu bewerten!

Durchschnittliche Bewertung 0 / 5. Anzahl Bewertungen: 0

Bisher keine Bewertungen! Sei der Erste, der diesen Beitrag bewertet.

Es tut uns leid, dass der Beitrag für dich nicht hilfreich war!

Lasse uns diesen Beitrag verbessern!

Wie können wir diesen Beitrag verbessern?

Benachrichtige mich bei
Inline Feedbacks
View all comments