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ICYMI – ECB’s Lagarde says the Bank needs to see more data to see inflation towards 2%

European Central Bank President Lagarde spoke with Portuguese TV, RTP on Thursday:

“We have to remain vigilant and we have to be confident that
inflation is continuously down and that the data that we receive on
wages, on profit, on activity, reinforce our confidence that we are
on a path to win the fight,”


We need a lot of datanot sure that we are getting those
data at every single meetingnext cut could come at
any of our meetings, “But on the basis of a strong set of data.”

This article was written by Eamonn Sheridan at www.forexlive.com.

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