Economics

Lagarde Says ECB Won’t Be Rushed as Officials Act to Curb Prices

  • No need to panic with inflation ‘fueled by the supply side’
  • ECB president speaks in Bloomberg TV interview from Davos
WATCH: Lagarde discusses the likely end of negative interest rates.Source: Bloomberg
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The European Central Bank won’t be rushed into withdrawing monetary stimulus as officials act to contain inflation running at almost four times their 2% target, President Christine Lagarde said.