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Lagarde: Hikes Not Restricted To Quarterly Meetings

ECB

Q: Any information on what a new anti-fragmentation tool can look like?

  • A: I can only repeat that we will not tolerate fragmentation which would impair the transmission of monetary policy.

Q: Can we expect rate hikes on a quarterly basis coupled with the macroeconomic projections? How concerned are you about financial stability?

  • A: We pay a lot of attention to data. We cannot be inattentive to developments. We are not going to put ourselves in a straightjacket of only taking decisions when we have projections.

Press conference concludes

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