The president of the European Central Bank (ECB), Christine Lagarde, the president of the Federal Open Market Committee (FOMC), Jerome Powelland Bank of England (BOE) Governor Andrew Bailey discuss the economic policy outlook at the annual ECB Forum on Central Banking.
Featured Statements
“We are very committed to our tools to reduce inflation“.
“Is there a risk that we go too far? Yes. It’s not the biggest risk.”
“The biggest risk is not restoring price stability“.
“If we see disembedding, the cost of fighting inflation will be too high.”
Bailey He also made several comments in the last few minutes: “It is clear that the economy is slowing down. War and energy are the main risk factors. There will be a new rise in inflation in the UK“.
Source: Fx Street
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