Lagarde: ECB Can Raise Rates to Address Inflation Without Fear
ECB President Christine Lagarde stated the central bank is prepared to raise interest rates to combat inflation without hesitation, warning that the Eurozone may encounter more frequent shocks in the future that could disrupt price stability.
Christine Lagarde, President of the European Central Bank, delivered an introductory speech at the ECB Forum on Central Banking 2026 on Monday. She affirmed that the ECB has the capacity to raise rates to address inflation without fear, signaling a hawkish stance.
Lagarde also cautioned that the Eurozone is likely to experience an increasing number of shocks in the coming years, which could push inflation away from the ECB's target. Her remarks underscore the central bank's readiness to act decisively to maintain price stability.
Source: FXStreet Forex News