European Central Bank President Lagarde spoke in an interview with French media outlet Le Figaro published on Sunday. In brief: “I hear some people say that the final rate hike will take place in September. There could be a further hike of the policy rate or perhaps a pause.” “Inflation is undoubtedly falling” “The second
Need to be pragmatic and keep an open mind Perseverance is now key given the time needed for full transmission of policy French inflation is falling even without a recession Our growing confidence in inflation moving towards the 2% target is based on good transmission of policy Well, I’d like to chip in by saying
Share: The most important aspect of today’s ECB policy meeting is any guidance on what happens next. Economists at Rabobank analyze EUR outlook. Risks for EUR/GBP seen as being well balanced It is our house view that ECB rates could reach their peak today, though we acknowledge that the risk of one more