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🚨 🇪🇺 Lagarde says the ECB debated a hike today and the situation could have warranted one
🚨 🇪🇺 Lagarde says the ECB debated a hike today and the situation could have warranted one
- 🇪🇺 At her press conference Lagarde said the Governing Council debated whether a rate hike was appropriate and that the situation could have warranted one, but it held unanimously on uncertainty and unchanged underlying inflation (newswires, )
- She said the ECB is well placed to wait, the sense of direction is clear, and an information-rich six weeks, with staff projections, two inflation prints, GDP, wages and PMIs, will shape December, where underlying inflation will weigh heavily (newswires, )
FO view: 16th alert today.
Not investment advice.