RSS ECB’s Lagarde: Shifting focus to appropriate policy from prolonged monetary restriction

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 RSS ECB’s Lagarde: Shifting focus to appropriate policy from prolonged monetary restriction

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ECB President Christine Lagarde’s speech today marked a departure from previous guidance shaped by high inflation and significant uncertainty. Lagarde highlighted that the earlier approach, which aimed to maintain restrictive rates “for as long as necessary,” is no longer aligned with the ECB’s evolving outlook for inflation and risk balance. However, with “disinflation process well […]

The post ECB’s Lagarde: Shifting focus to appropriate policy from prolonged monetary restriction appeared first on Action Forex.
 
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