{"id":73387,"date":"2022-10-04T19:41:00","date_gmt":"2022-10-04T15:41:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=73387"},"modified":"2022-10-04T19:57:38","modified_gmt":"2022-10-04T15:57:38","slug":"lagarde-difficult-to-say-if-inflation-is-at-peak","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/lagarde-difficult-to-say-if-inflation-is-at-peak\/10\/04\/market-updates\/","title":{"rendered":"Lagarde: Difficult to say if inflation is at peak"},"content":{"rendered":"\n<p>European Central Bank President Christine Lagarde said on Tuesday it was difficult to say whether or not inflation has peaked in the euro area.<br><br>&#8220;The minimum that we have to do is to stop stimulating demand,&#8221; Lagarde added. These comments don&#8217;t seem to be having a noticeable impact on the shared currency&#8217;s performance against its major rivals. <br><br>At the time of writing, the EUR\/USD pair was trading at 0.9967 and earlier recorded 0.9972, where it was up 1.5% on a daily basis. According to Lagarde, The ECB must at a &#8220;minimum&#8221; stop stimulating the economy through its monetary policy.<br><br>Lagarde\u2019;s comment has been seen as a signal for raising interest rates back to &#8220;neutral&#8221; territory.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European Central Bank President Christine Lagarde said on Tuesday it was difficult to say whether or not inflation has peaked in the euro area.&#8220;The minimum that we have to do is to stop stimulating demand,&#8221; Lagarde added. These comments don&#8217;t seem to be having a noticeable impact on the shared currency&#8217;s performance against its major &hellip;<\/p>\n","protected":false},"author":13,"featured_media":33848,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[6884,10016],"class_list":["post-73387","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-eur-usd","tag-evcb"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=73387"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73387\/revisions"}],"predecessor-version":[{"id":73428,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/73387\/revisions\/73428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/33848"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=73387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=73387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=73387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}