ECB’s Lagarde Says ‘Stay the Course’ Is Her Policy Mantra

Lagarde hopes fiscal aid won’t make ECB do more than needed
Slowing inflation prompts questions over interest-rate path

ECB’s Lagarde: ‘Stay the Course Is My Mantra’ on Policy

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By Alexander Weber and Jana Randow

January 20, 2023 at 10:32 AM UTC

Updated on

January 20, 2023 at 11:05 AM UTC

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European Central Bank President Christine Lagarde said policymakers mustn’t let up in their battle with inflation — even as the spike in prices appears to have peaked.

“We have to also stay that course of resilience that we observed in 2022,” Lagarde told a panel Friday at Davos. “‘Stay the course’ is my mantra for monetary-policy purposes.”