(ANSA) - ROME, SEPTEMBER 08 - "The Governing Council unanimously decided to raise" rates by 75 points, "we have different views around the table but the result is unanimous": ECB President Christine Lagarde said during the press conference .
"The higher the rises, the further we are" from the rate that ensures inflation at 2%, she explained.
"I don't know what the neutral rate is", that is the balance point of the monetary policy that ensures the achievement of the target.
"But I know it's not zero, and that's not what we decided today," said Lagarde, reiterating that there will be other increases whose size will be decided on the basis of the data.
The president then admitted the errors in the estimates.
"We have made mistakes in inflation predictions, like all international institutions, like many economists, because it is virtually impossible to predict and include in the models the Covid, the war in Ukraine, the blackmail on energy. institution, "he said.
"We made mistakes, we understood the causes, and I can assure you that the staff is constantly updating, integrating what has not been taken into consideration so far," she added.
(HANDLE).