ECB Lagarde reiterates optionality, gradualism and flexibility in monetary policy

ECB President Christine Lagarde said in a speech, the impact of the factors driving up inflation currently “should fade over time”. But for the near term, “inflationary risks are tilted to the upside”. Over the medium-term, ” risks to the inflation outlook could arise if wages rise by more than anticipated, longer-term inflation expectations move above […]

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