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ICYMI - ECB's Lagarde says the Bank needs to see more data to see inflation towards 2%

Started by forex4you, Jul 05, 2024, 06:22 am

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ICYMI - ECB's Lagarde says the Bank needs to see more data to see inflation towards 2%

European Central Bank President Lagarde spoke with Portuguese TV, RTP on Thursday:


  • "We have to remain vigilant and we have to be confident that
    inflation is continuously down and that the data that we receive on
    wages, on profit, on activity, reinforce our confidence that we are
    on a path to win the fight,"

More:


  • We need a lot of data
  • not sure that we are getting those
    data at every single meeting
  • next cut could come at
    any of our meetings, "But on the basis of a strong set of data."


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: ICYMI - ECB's Lagarde says the Bank needs to see more data to see inflation towards 2%

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