Central Banks
ECB president Lagarde pushes back on automatic rate hikes as energy prices cloud outlook
Lagarde says that while energy prices matter for inflation, the ECB will not simply follow oil prices higher with rates
ECB president, Christine Lagarde, is pushing back against the idea that higher energy prices automatically mean higher interest rates. Her latest comments:
Rates do not move in lockstep with price of energyOther factors such as growth and consumption also play a roleWe are taking a measured response to the current situationIt is clear that energy is a significant variableWe are well positioned to respond, will address the situation meeting by meetingUrges market monitoring, no chaotic movementsYield increase is a global trend
ECB president Lagarde pushes back on automatic rate hikes as energy prices cloud outlook
Lagarde says that while energy prices matter for inflation, the ECB will not simply follow oil prices higher with rates
ECB president, Christine Lagarde, is pushing back against the idea that higher energy prices automatically mean higher interest rates. Her latest comments:
Rates do not move in lockstep with price of energyOther factors such as growth and consumption also play a roleWe are taking a measured response to the current situationIt is clear that energy is a significant variableWe are well positioned to respond, will address the situation meeting by meetingUrges market monitoring, no chaotic movementsYield increase is a global trend
