Lagarde: Discussion on QT has started and will continue<ul><li>Interest rate most appropriate tool in current circumstances</li><li>ECB is currently normalizing policy</li><li>Energy will continue to fuel inflation</li><li>We need to make sure we are not stimulating demand when we have an inelsticity of supply on the other side</li></ul><p>The October 27 ECB meeting is 97% priced for a 75 bps hike.</p>
This article was written by Adam Button at forexlive.com.
Source: Lagarde: Discussion on QT has started and will continue (https://forexlive.com/centralbank/lagarde-discussion-on-qt-has-started-and-will-continue-20221012/https://forexlive.com/centralbank/lagarde-discussion-on-qt-has-started-and-will-continue-20221012/)
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