ECB Lagarde: Inflation to exceed 7% this year in severe scenario

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ECB Lagarde: Inflation to exceed 7% this year in severe scenario

ECB President Christine Lagarde said in a speech the central has given itself some “extra space” in monetary policy by stating that rate hike will come only “some time” after ending net asset purchases. “This maintains our traditional sequencing logic, but also gives us extra space if needed after we stop purchasing bonds and before […]

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Source: ECB Lagarde: Inflation to exceed 7% this year in severe scenario