Christine Lagarde, President of the European Central Bank (ECB), delivers his speech on the outlook for monetary policy and answers questions following the bank’s decision to raise official interest rates by 50 basis points.
Featured Statements
“The outlook is cloudy for the second half of 2022 and beyond.”
“Economic activity is slowing down.”
“War is a continuous burden.”
“Companies are facing increased costs and supply chain disruptions.”
“Supply bottlenecks may be easing.”
“Global energy prices may remain high in the short term.”
“The price pressure is spreading to more and more sectors.”
“We expect inflation to be undesirably high for some time.”
“The higher inflationary pressures also stem from the weakness of the euro.”
Source: Fx Street
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
