• Lagarde speech: We have to be attentive to spill-overs from the Fed policy

Noticias del mercado

3 noviembre 2022

Lagarde speech: We have to be attentive to spill-overs from the Fed policy

European Central Bank (ECB) President Christine Lagarde is on the wires this Thursday, via Reuters, participating in a panel discussion titled "Sustainability and Money: Shaping the Economy of the Future" at the Bank of Latvia's Economy Conference.

Key quotes

A recession won't be sufficient to settle inflation.

We have to be attentive to spill-overs from the Fed policy.

Inflation expectations are broadly anchored at the moment.

Market reaction

The euro has come under additional downside pressure, with EUR/USD heading closer towards 0.9750. The pair is down 0.52% on the day.

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