Lagarde speech: Have to raise rates to levels that will deliver our 2% inflation target – by eren_fxstreet ECB CentralBanks
reiterated on Friday that they will not let high inflation become entrenched, as reported by Reuters."We have to raise"If we were to see, for example, inflation becoming more persistent and expectations being at risk of de-anchoring, we would need to take additional actions.""Historical evidence suggests that we should not expect slowing growth to make a significant dent in inflation."EURUSD edged higher following these comments and was last seen rising 0.
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