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"We currently find ourselves in a different economic context, which is improved, and we possess enhanced resilience to manage shocks," Lagarde stated in an interview with France 2. "We will take all necessary measures to ensure inflation remains managed and to stop Europeans from facing the same surge we observed in 2022 and 2023."
The increase in oil prices since the beginning of the US-Israeli conflict with Iran has heightened worries that inflation in the eurozone, which had stabilized near the ECB's 2% goal, might surge once more.
In light of this, traders have updated their projections for the ECB's upcoming interest rate trajectory. On Monday, the market anticipated two rate increases of 25 basis points each by the European regulator this year.
These projections were subsequently adjusted downward: market participants now anticipate the ECB will maintain rates at present levels until year-end.
The upcoming meeting of the ECB is scheduled for March 18-19.
source: france.tv
The increase in oil prices since the beginning of the US-Israeli conflict with Iran has heightened worries that inflation in the eurozone, which had stabilized near the ECB's 2% goal, might surge once more.
In light of this, traders have updated their projections for the ECB's upcoming interest rate trajectory. On Monday, the market anticipated two rate increases of 25 basis points each by the European regulator this year.
These projections were subsequently adjusted downward: market participants now anticipate the ECB will maintain rates at present levels until year-end.
The upcoming meeting of the ECB is scheduled for March 18-19.
source: france.tv
