The Limited Times

Now you can see non-English news...

Lagarde, against inflation we will do what is necessary

2023-01-20T17:21:32.808Z


The ECB will "maintain the course" of monetary policy, reiterated the ECB president during a panel at the World Economic Forum in Davos. 'With China's recovery, more inflationary pressures', says the president of the ECB during a panel at the World Economic Forum in Davos. Georgieva (IMF), the economy is improving but caution is needed (ANSA)


Against inflation "we will do what is necessary" and the ECB will "maintain the course" of monetary policy.

ECB President Christine Lagarde reiterated this during a panel at the World Economic Forum in Davos.

"China is waking up and will buy more liquefied natural gas, in a market that doesn't have much spare oil and gas capacity. There will be more inflationary pressures."

Thus Lagarde who said he hoped that the budgetary policies that will be adopted by governments, after a 2022 in which support for the economy has increased, "do not push monetary policy to have to do more" to contain the race in prices.

The prospects for the world economy "have improved" but "we must be cautious".

In particular, "we don't quite know how inflation will evolve" and "if budgetary policy works against monetary policy, you, Christine Lagarde, will have to raise rates even more".

This was stated by the president of the International Monetary Fund, Kristalina Georgieva, in Davos.

Source: ansa

All life articles on 2023-01-20

You may like

Life/Entertain 2024-02-26T16:42:44.597Z
Life/Entertain 2024-02-23T12:32:20.450Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.