ECB's Lagarde Says Keeping Rate at 4% Should Tame Prices
November 10, 2023
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2:35Now PlayingECB's Lagarde Says Keeping Rate at 4% Should Tame Prices
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as posted by the channelEuropean Central Bank President Christine Lagarde said, “the level where we are at the moment, if we sustain it for long enough, will make a significant contribution to bringing inflation back to our 2% target in the medium term.” Lagarde also said officials will consider raising borrowing costs again if needed. She spoke Friday during The Global Boardroom event organized by the Financial Times.
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