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Lagarde Says ECB Is ‘Very Unlikely’ to Hike Rates Next Year

Conditions for increase won’t be met despite faster inflation
Recovery to need support after pandemic, ECB president says

Bloomberg business news — Lagarde: ECB ‘Very Unlikely’ to Hike Rates Next Year

By

Alexander Weber and

November 3, 2021, 10:09 AM UTCUpdated onNovember 3, 2021, 7:42 PM UTC

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European Central Bank President Christine Lagarde renewed her pushback against market bets for an interest-rate increase in 2022 after an attempt last week left investors unimpressed.