(ANSA) - ROME, JULY 22 - The ECB will be "patient", "nobody wants a premature tightening" of monetary policy. This was stated by the president Christine Lagarde at the end of the board meeting.
The recovery of the eurozone economy is underway but the pandemic continues to be a shadow, "he said, opening the press conference following the meeting that left the rates unchanged and revised the forward guidance. The risks on the outlook for the Eurozone" are widely balanced "he said then pointing out that the outlook depends on the trend of the epidemic and vaccinations.
For the recovery - he added - there is still a long way to go, but the Ngeu plan plays "a key role". Regarding inflation, Lagarde said that it is expected to "increase again and then decrease in 2022" (ANSA).
