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ECB Has Every Reason Not to Act as Fast as Fed, Lagarde Says

  • Inflation is slower in euro area; recovery isn’t as advanced
  • ECB will respond if needed, Lagarde tells France Inter radio
Christine Lagarde

Christine Lagarde

Photographer: Ronald Wittek/Pool/Getty Images

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The European Central Bank has “every reason” not to respond as forcefully as the Federal Reserve to soaring consumer prices, according to President Christine Lagarde.