✉news BusinessBanking first seen 3 h ago, last 16 min ago, peak #11

Lagarde Says Eurozone Inflation Will Rise but Not Entrench

Original: Eurozone Inflation Set to Rise, but No Signs Yet of Becoming Entrenched, ECB’s Lagarde Says

Christine Lagarde, president of the European Central Bank, said eurozone inflation is set to rise but there are no signs yet of it becoming entrenched. Her comments signal the ECB expects a temporary uptick in price pressures rather than a durable shift, a message likely to weigh on expectations for the path of eurozone interest rates.

Why now: Investors are closely watching ECB guidance on inflation for clues about future interest rate decisions.

Christine LagardeEuropean Central Bankeurozone

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• Eurozone Inflation Set to Rise, but No Signs Yet of Becoming Entrenched, ECB’s Lagarde Says · WSJ

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