Lagarde speech: We expect to raise rates further ECB CentralBanks EURUSD InterestRate
Key quotesWe expect to raise rates further to the levels needed to ensure that inflation returns to our 2% medium-term target in a timely manner.Recession is unlikely to bring down inflation significantly.Interest rates are, and will remain, the main tool for adjusting our policy stance.It is appropriate that the balance sheet is normalized in a measured and predictable way.
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