ECB officials warn inflation fight not over amid rising bond yields

AI-generated briefing · First published

ECB President Lagarde and officials Nagel and Rehn said higher borrowing costs from bond sell-offs will slow growth and weaken inflation transmission.

ECB President Christine Lagarde said bond-market sell-offs are pushing up euro-area borrowing costs, slowing growth and ultimately curbing inflation, with the impact now more severe than the bank’s September forecast. [2]

Governing Council member Joachim Nagel said the fight against inflation is not finished and further tightening may be needed, while Olli Rehn said the bank will watch for second-round energy-price effects. [1] [2]

Sources

  1. 快讯

    Wall Street CN · · Full text

  2. 欧洲央行行长拉加德：债券抛售拖累经济增长并将抑制通胀

    Sina Finance · · Full text

Link to this briefing · Back to AI News

Continue reading