ECB Lagarde: Interest rates remain the main tool for fighting inflation

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ECB Lagarde: Interest rates remain the main tool for fighting inflation

ECB President Christine Lagarde told a parliamentary committee, interest rates will remain the “main tool for fighting inflation”. Meanwhile, in December, ECB will “lay out the key principles for reducing the bond holdings”. The balance sheet will be “normalized over time in a measured and predictable way.” “While monetary policy is geared towards bringing inflation […]

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