Christine Lagarde, the president of the European Central Bank, called for more “more persistent policy” to stifle price rises.
Category: Lagarde, Christine
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European Central Bank Raises Rates Again, but Only a Quarter Point
The bank said “underlying price pressures remain strong” in the eurozone, where the annual inflation rate reached 7 percent last month.
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Price Gains Ease in Europe but Core Inflation Keeps Policymakers ‘Up at Night’
Declines in overall inflation rates may bring comfort to consumers, but central bankers are still wary of drivers of persistently high prices.
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Eurozone Inflation Eases on Lower Energy Prices
The rate of price increases in countries using the euro slowed to 9.2 percent in December, down from 10.1 percent a month earlier.
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European Central Bank Raises Rates Half a Point, Moderating Its Pace
But the bank warned that interest rates would “still have to rise significantly” to tame inflation.
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Eurozone Inflation Reaches 10.7 Percent as Economies Slow Down
The rise in consumer prices hit another record in October, with more than half of the countries that use the euro registering double-digit increases.
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European Central Bank Is Set to Raise Interest Rates Again
Policymakers on Thursday are expected to approve a hefty rate increase to corral prices that have risen “far too high.”