Corax

Corax

ECB chief Christine Lagarde says the bank will do what it has to do, which is to continue hiking interest rates in the next several meetings until the 2% target is met, says they have been surprised that the inflation during the post-pandemic economic recovery wasn't only transitory and that today's crisis has been more persistent and of a magnitude that nobody had expected, says the supply-driven European inflation is more complicated than the demand-driven US one as monetary policy in and of itself cannot reduce the price of gas nor stop the war

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