Published 1 year ago

ECB's Lagarde: Future rate hikes open amid banking turmoil

Summary by Ground News

European Central Bank President Christine Lagarde says future interest rate decisions are open. Lagarde: "Recent financial market tensions have added new downside risks" The open-ended approach is a shift from the ECB's earlier stance of clearly indicating more rate hikes. The failure of Silicon Valley Bank in the U.S. has sent shudders through financial markets.

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Times of India

Future rate hikes not off table amid banking turmoil: Christine Lagarde

Whether to keep hiking rates would depend on incoming data, above all whether the bank could see signs that painfully high inflation is headed convincingly down, Christine Lagarde said during a conference Wednesday at Frankfurt's Goethe University.

1 year ago·India

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Associated Press News

ECB's Lagarde: Future rate hikes open amid banking turmoil

European Central Bank head Christine Lagarde says future interest rate decisions are open after upheaval in the global banking system has left the economic outlook more uncertain. Speaking at a conference Wednesday at Frankfurt’s Goethe University, Lagarde that decisions would…

1 year ago·United States

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abc News

ECB's Lagarde: Future rate hikes open amid banking turmoil

European Central Bank head Christine Lagarde says future interest rate decisions are open after upheaval in the global banking system has left the economic outlook more uncertain

1 year ago·United States

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KRDO

ECB's Lagarde: Future rate hikes open amid banking turmoil

By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — European Central Bank head Christine Lagarde says future interest rate decisions are open after upheaval in the global banking system has left the economic outlook more uncertain. Speaking at a conference Wednesday at Frankfurt’s Goethe University, Lagarde that decisions would depend on whether the numbers shows painfully high inflation is headed convincingly down. She says that means …

1 year ago·Colorado Springs, United States

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Winnipeg Free Press

ECB's Lagarde: Future rate hikes open amid banking turmoil

FRANKFURT, Germany (AP) — European Central Bank President Christine Lagarde said future interest rate decisions are open after upheaval in the global banking system left the economic outlook “blurrier” than […]

1 year ago·Winnipeg, Canada

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Click on Detroit

ECB's Lagarde: Future rate hikes open amid banking turmoil

European Central Bank President Christine Lagarde said future interest rate decisions are open after upheaval in the global banking system left the economic outlook “blurrier” than just a few weeks ago.Whether to keep hiking rates would depend on incoming data, above all whether the bank could see signs that painfully high inflation is headed convincingly down, she said during a conference Wednesday at Frankfurt’s Goethe University.“With high un…

1 year ago·Detroit, United States

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