Lagarde speech: Inflation is projected to remain too high for too long

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Lagarde speech: Inflation is projected to remain too high for too long
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Lagarde speech: Inflation is projected to remain too high for too long – by eren_fxstreet ECB CentralBanks

reiterated that wage pressures have strengthened on the back of robust labour markets and added that employees are aiming to recoup some of the purchasing power. "The key ECB interest rates remain our primary tool for setting the monetary policy stance," she concluded.EUR/USD keeps its footing following these comments and was last seen gaining 0.5% on the day at 1.0720. Information on these pages contains forward-looking statements that involve risks and uncertainties.

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