- Lagarde speech: Still have work to do to bring inflation back down to our target
Notícias do Mercado
7 julho 2023
Lagarde speech: Still have work to do to bring inflation back down to our target
In an interview with La Provence on Friday, European Central Bank (ECB) President Christine Lagarde said, “we still have work to do to bring inflation back down to our target.”
Additional quotes
“The priority is to maintain price stability.”
“Inflation has started to decline.”
“A part of that is the initial impact of monetary policy decisions.”
“But inflation is still higher than the 2% target, still have work to do.”
Market reaction
Lagarde’s comments fail to move the needle around the Euro, as EUR/USD keeps its range just shy of the 1.0900 level, awaiting US NFP data for fresh trading impetus.
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal