ECB’s Lagarde Says Rates Will Not Move in Lockstep With Energy Prices

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European Central Bank President Christine Lagarde, speaking at a news conference in Dublin on Friday, pushed back against expectations that soaring oil and gas prices would automatically produce an aggressive series of rate increases. Interest rates “do not move in lockstep with the price of energy,” she said, because the shock affects not only inflation […]The post ECB’s Lagarde Says Rates Will Not Move in Lockstep With Energy Prices appeared first on ActionForex.