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Lagarde Sees No Need for More Forceful ECB Response to War (opens original article in a new tab)

TL;DR

ECB President Christine Lagarde said the bank doesn't need to respond more forcefully to the Middle East conflict as inflation is expected to return to target.

  • Lagarde stated the ECB doesn't need a more forceful response to the Middle East conflict
  • Inflation is expected to return to target in the medium term
  • ECB's stance is based on current economic projections

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