Free Trial

Lagarde Reaffirms Data Dependency

ECB

In an event with the FT, Lagarde states that rates at current levels, if sustained long enough, will contribute to returning inflation to target.

  • Adds: This level of rates is the "baseline" in predictions, and is contingent on no further economic shocks which, if they take place, will cause the ECB to "revisit" the baseline.
  • Reaffirms data dependency in deciding how long is "long enough".
  • States: "long enough is long enough."
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.