Central Banks
Lagarde Says ECB Rate Hikes May Need to Continue Past March
- ECB president won’t speculate on peak for interest rates
- Lagarde says sees no risk of euro zone falling into recession
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European Central Bank President Christine Lagarde said interest-rate increases may need to persist beyond a planned half-point move in two weeks’ time.
“At this point in time, it’s possible that we continue on that path,” Lagarde told Spanish television show Espejo Publico on Thursday. “By which amount in each and every meeting is impossible to say at this point.”