lagarde
The President of the European Central Bank (ECB), Christine Lagarde, has defended the bank's recent interest rate cut and dampened expectations of further cuts. The central bank still assumes that the inflation target of two per cent in the medium term can be achieved in the coming year, Lagarde said in a joint interview with several European economic newspapers published on Monday. Against the backdrop of the recent rise in inflation in the single currency area, however, the central bank's head also made it clear that "the battle" had not yet been won. Last week, the ECB implemented the first...
DPA International
The President of the European Central Bank (ECB), Christine Lagarde, has defended the bank's recent interest rate cut and dampened expectations of further cuts. The central bank still assumes that the inflation target of two per cent in the medium term can be achieved in the coming year, Lagarde said in a joint interview with several European economic newspapers published on Monday. Against the backdrop of the recent rise in inflation in the single currency area, however, the central bank's head also made it clear that "the battle" had not yet been won. Last week, the ECB implemented the first...
DPA
The President of the European Central Bank (ECB), Christine Lagarde, has defended the bank's recent interest rate cut and dampened expectations of further cuts. The central bank still assumes that the inflation target of two per cent in the medium term can be achieved in the coming year, Lagarde said in a joint interview with several European economic newspapers published on Monday. Against the backdrop of the recent rise in inflation in the single currency area, however, the central bank's head also made it clear that "the battle" had not yet been won. Last week, the ECB implemented the first...
DPA Breaking News
Die Präsidentin der Europäischen Zentralbank (EZB), Christine Lagarde, macht nach der jüngsten Leitzinssenkung deutlich: Mit weiteren schnellen Zinsschritten nach unten ist nicht zu rechnen. Die Inflation im Euro-Raum befinde «sich aktuell auf gutem Weg, gegen Ende des kommenden Jahres die Marke von zwei Prozent zu erreichen», heißt es in einem Beitrag Lagardes, den am Samstag die EZB im Internet und mehrere europäische Medien veröffentlichten. «Wir haben große Fortschritte gemacht, aber unser Kampf gegen die Inflation ist noch nicht vorbei.» «Es wird jedoch noch eine ganze Weile dauern, bis d...
DPA (German)
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