Lagarde speech: Risks to inflation outlook are two-sided

Lagarde speech: Risks to inflation outlook are two-sided

European Central Bank (ECB) President Christine Lagarde repeated on Friday that it would be suitable to lower the present level of financial policy limitation if the inflation requirements are fulfilled, per Reuters.

Lagarde included that the ECB’s Governing Council is not pre-committed to a specific rate course and kept in mind that dangers to the inflation outlook are two-sided.

Market response

These remarks stopped working to set off an obvious response in EUR/USDAt the time of press, the set was up 0.15% on the day at 1.0660.

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