Politics
ECB Made Right Choice in June Rate Hike, Lagarde Tells Les Echos
Key Points
ECB Made Right Choice in June Rate Hike, Lagarde Tells Les Echos The European Central Bank was right to raise rates when it did last month, President Christine Lagarde told Les Echos. “We are convinced we made the right decision,” Lagarde told the French newspaper in an interview on Thursday. “As early as April, a large majority of the Governing Council was ready to make a decision but we didn’t have all the necessary information.”
ECB Made Right Choice in June Rate Hike, Lagarde Tells Les Echos
The European Central Bank was right to raise rates when it did last month, President Christine Lagarde told Les Echos.
“We are convinced we made the right decision,” Lagarde told the French newspaper in an interview on Thursday. “As early as April, a large majority of the Governing Council was ready to make a decision but we didn’t have all the necessary information.”