ECB’s Lagarde Says This Month’s Key Rate Hike Was Based on Forecasts, Not a Pre-Emptive Move
2026-06-30 00:07:36
European Central Bank President Christine Lagarde said on Monday that the ECB’s decision to raise key interest rates this month was based on its forecasts rather than a pre-emptive step to manage the risk of inflation getting out of control, according to 36Kr. Lagarde said the decision reflected what the ECB was seeing at the time, and that the bank’s confidence in making the move amid high uncertainty was supported by years of investment in data, indicators and forecasting.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
