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Not pre-committing to a particular rate path - ECB's Lagarde -3-
(Il Sole 24 Ore Radiocor) - Frankfurt, 06 Jun - Lagarde explained that inflation is expected to fluctuate around current levels for the rest of the year and decline towards the ECB's target over the second half of next year The head of the ECB said that the bank expects the economy to continue to recover thanks to higher wages and improved terms of trade. Stronger exports should also support growth over the coming quarters, as global demand for goods and services rises, she added.
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(RADIOCOR) 06-06-24 15:19:36 (0497) 5 NNNN