ECB policymakers hint at slower rate hikes but quicker start to debt run-off

Summary by Reuters

The European Central Bank must raise interest rates high enough to dampen growth as it fights sky-high inflation and it could soon start running down its 5 trillion euro ($5.2 trillion) debt pile, three top policymakers said on Friday.

Published 3 months ago · Frankfurt, Germany

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Times of India

Lagarde warns ECB may do more than withdraw stimulus

The ECB has raised rates at the fastest pace in its history to combat inflation that hit 10.7 per cent in the eurozone in October, the highest since statistics started being kept in 1997 and far above the bank's goal of 2 per cent.

3 months ago·Mumbai, India

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Reuters

ECB policymakers hint at slower rate hikes but quicker start to debt run-off

3 months ago·United Kingdom

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abc News

Lagarde warns ECB may do more than withdraw stimulus

The president of the European Central Bank is warning the bank may have to raise interest rates beyond merely withdrawing stimulus and into territory that could restrain growth

3 months ago·United States

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KRDO

Lagarde warns ECB may do more than withdraw stimulus

DAVID McHUGH AP Business WriterFRANKFURT, Germany (AP) — The president of the European Central Bank is warning the bank may have to raise interest rates beyond merely withdrawing stimulus and into territory that could restrain growth. In a speech at a banking forum in Frankfurt, Germany, Christine Lagarde said Friday that the ECB expects “to raise rates further, and withdrawing accommodation may not be enough.” The bank is fighting to control re…

3 months ago·Colorado Springs, United States

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Financial Post

ECB may have to cool growth to control inflation, Lagarde says

FRANKFURT -- The European Central Bank may need to raise interest rates so much that they dampen growth as it fights sky-high inflation, while any runoff in the ECB's bond holdings must be "measured and predictable," its chief Christine Lagarde said on Friday.

3 months ago·Canada

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MY Northwest

Lagarde warns ECB may do more than withdraw stimulus

FRANKFURT, Germany (AP) — European Central Bank President Christine Lagarde warned Friday that the bank may have to raise interest rates beyond merely withdrawing stimulus and into territory that could restrain growth as the bank fights to control record inflation in the 19 countries that use the euro. “We expect to raise rates further, and withdrawing accommodation may not be enough,” Lagarde said in a speech at a banking forum in Frankfurt, Ge…

3 months ago·Tacoma, United States

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