"Inflation is still too high in the euro area as a whole. Last week we decided to raise interest rates for the third time in a row.
And we plan to raise them further to ensure inflation returns to ours in a timely manner .
medium-term target of 2% ".
ECB President Christine Lagarde reiterates this in an interview.
"We will decide the future path and pace of our rate hikes on a meeting-by-meeting basis," said the president of the ECB.
"We are aiming for an interest rate that allows us to reach the medium-term inflation target of 2%. The goal is clear, but we are not there yet. We will have further rate hikes in the future", reiterates Lagarde.