Thursday, February 2, 2023

ECB Analysis: Lagarde lowers Euro with mixed message on moves beyond March, two more dovish comments

  
American Session
HOT STORY

ECB Analysis: Lagarde lowers Euro with mixed message on moves beyond March, two more dovish comments

Another one, and then done? That is the impression that European Central Bank President Christine Lagarde has given, probably not intentionally. The Frankfurt-based institution "intends" to raise rates by 50 bps in March and then evaluate. While Lagarde talked about significant hikes – in the plural – markets have their doubts. 

Stating the inflation risks are more balanced is a dovish tilt

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