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ECB’s Lagarde: The fight against inflation is not over

Mohamed Abdelhamid 17 April, 2024 10:31 pm Breaking News, Forex Market, Market Update

European Central Bank’s President Christine Lagarde speaks in Washington, DC. A firmer upside momentum now lifts EUR/USD pair to the area of daily highs near 1.0680.

Earlier on Wednesday, Lagarde tweeted saying, “Later today I will be speaking at the Council on Foreign Relations about the European economy and implications of international conflicts for the global economy”.

Key Quotes

Growth in Europe is mediocre, much slower than in the US

We’re clearly seeing timid signs of recovery

The game (of fighting inflation) is not over

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