Economics
Lagarde Joins ECB Officials Signaling July as Rate Liftoff
- ECB president says hike may happen ‘weeks’ after QE concludes
- Elderson, Nagel, Villeroy show rising support for July move
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European Central Bank President Christine Lagarde said a first interest-rate increase in more than a decade may follow “weeks” after net bond-buying ends early next quarter, joining a growing crowd of policy makers signaling a move as soon as July.