The head of Christine Lagarde, European Central Bank, said despite the consequences of the war in Ukraine, the eurozone was still likely show growth in coming year.
Lagarde said rising inflation and declining consumer confidence will certainly leave their mark on Monday, but even in The most bleak scenario, the European Central Bank predicted economy grow.
Lagarde described such a scenario as hypertrophy second-round Effects in Sample of Significantly rising wages, a boycott of Russian energy and a long and intense war.
Lagarde chose not to do so comment directly on European Central Bank cash policyHowever, even though it is one time again He stressed the differences between the monetary ECB policy And that of US Federal Reserve.
Eurozone and the United States in Various economic stages, Lagarde said. In addition, Europe was more affected by influences of the war in Ukraine.
Last week, the Fed raised its value key benefit rate for The first Time since 2018 and hold out Prospect of increase this year.
In her latest interest rate During the meeting, the European Central Bank decided to accelerate the tapering process of His purchases of incentives, while at the same time separating his interest rate policy from the end of its bond purchases, giving itself flexibility.
The European Central Bank is facing a balancing process, such as on The one Hand, must take into account the effects of the war in Ukraine on growth While also save already high and potentially rising economic inflation in Check.
The head of Christine Lagarde, European Central Bank, said despite the consequences of the war in Ukraine, the eurozone was still likely show growth in coming year.
Lagarde said rising inflation and declining consumer confidence will certainly leave their mark on Monday, but even in The most bleak scenario, the European Central Bank predicted economy grow.
Lagarde described such a scenario as hypertrophy second-round Effects in Sample of Significantly rising wages, a boycott of Russian energy and a long and intense war.
Lagarde chose not to do so comment directly on European Central Bank cash policyHowever, even though it is one time again He stressed the differences between the monetary ECB policy And that of US Federal Reserve.
Eurozone and the United States in Various economic stages, Lagarde said. In addition, Europe was more affected by influences of the war in Ukraine.
Last week, the Fed raised its value key benefit rate for The first Time since 2018 and hold out Prospect of increase this year.
In her latest interest rate During the meeting, the European Central Bank decided to accelerate the tapering process of His purchases of incentives, while at the same time separating his interest rate policy from the end of its bond purchases, giving itself flexibility.
The European Central Bank is facing a balancing process, such as on The one Hand, must take into account the effects of the war in Ukraine on growth While also save already high and potentially rising economic inflation in Check.