Lagarde Says Too Early to Call ECB Rate Path Despite Energy Surge

ECB President Christine Lagarde pushed back against rising market expectations for near-term rate hikes, signaling caution despite the energy shock from the Middle East conflict. Investors have increasingly priced the risk of tightening as the closure of the Strait of Hormuz drives fuel costs higher in the energy-importing Eurozone, but Lagarde made clear it is […]

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