Lagarde Says She Knows Where ECB Is Headed on Rates

Bloomberg Bloomberg

European Central Bank President Christine Lagarde said she knows where, directionally, the central bank is headed.

She also added the ramp-up in oil and natural gas costs is not yet triggering so-called "second-round effects." Lagarde was speaking to reporters at a press conference following the ECB's decision to keep rates unchanged. (Source: Bloomberg)

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