Economics

Lagarde Won’t Rush as ECB Consensus Shuns Half-Point Hike

  • Villeroy reckons Governing Council favors smaller move for now
  • Holzmann says ECB should start big in July, Kazaks is amenable
WATCH: Recession is not the ECB’s baseline, Lagarde saysSource: Bloomberg
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European Central Bank President Christine Lagarde said officials won’t rush into withdrawing stimulus as her French colleague echoed her to insist there’s no consensus for a half-point interest-rate hike.