Economics

ECB Has More Ground to Cover to Tame Inflation, Lagarde Says

Residential apartment blocks near the European Central Bank. — Residential apartment blocks near the European Central Bank.
Photographer: Alex Kraus/Bloomberg

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By Cagan Koc and Diederik Baazil

May 21, 2023 at 10:43 AM UTC

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The European Central Bank’s fight to tame inflation isn’t over and more action is still needed, according to President Christine Lagarde.