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’
The New York Times – Business: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 New York Times – Business: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
The New York Times – Business: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 New York Times – Business: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
The New York Times – Business:Policymakers on Thursday are expected to approve a hefty rate increase to corral prices that have risen “far too high.”