Lagarde speech: We need to act in a determined and sustained manner ECB CentralBanks InterestRate
Key quotesThis means moving gradually if there is uncertainty about the outlook, but with the option to act decisively.
Measures to preserve transmission could be used at any level of interest rates – so long as they were designed not to interfere with the monetary policy stance.The shared currency fails to capitalize on Lagarde’s comments on the new anti-fragmentations took likely to be introduced by the ECB in the July meeting.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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