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Lagarde Says ECB Is in a Position to Observe Impact of Hikes
Posted
November 24, 2023
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1:57Now PlayingThe European Central Bank is now at a point where it can pause and assess the impact of its tightening, according to President Christine Lagarde. “We have already done a lot,” Lagarde said at a Bundesbank youth event in Frankfurt on Friday. “Given the amount of ammunition we have used, we can observe very attentively the components of our lives like salaries, profits, like fiscal, like geopolitical developments and certainly the way in which our ammunition is impacting our economic life to decide how long we have to stay there and what decision we have to make — up or down.”
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