European Central Bank (ECB) Governor Christine Lagarde reaffirmed plans to raise the policy rate twice this summer while dealing with widening borrowing cost spreads in eurozone countries. Remarks at the Economic and Financial Commission of the European Parliament.
He announced at the board meeting in July that he would raise the policy interest rate by 25 basis points (bp). He also said he expects to raise rates again in September. It supports our previous commitment to coordinating. "
He also pointed out that rising prices are spreading to a wider range of sectors, and that basic inflation indicators have risen further. The economy in the region is sluggish due to soaring energy prices, worsening supply problems, and increasing uncertainty.


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