10d ago

ECB rejects automatic link between energy prices and rates

European Central Bank President Christine Lagarde said on Sept. 18 that higher energy prices do not automatically require interest-rate increases. Speaking after an informal meeting of euro-area finance ministers in Dublin, she said the ECB also considers energy costs' effects on economic growth and consumption [jornaldenegocios.pt#1][rtp.pt#1]. The ECB raised its three main interest rates by 25 b

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ECB rejects automatic link between energy prices and rates

kite:economyother11d ago kagi ↗

European Central Bank President Christine Lagarde said on Sept. 18 that higher energy prices do not automatically require interest-rate increases. Speaking after an informal meeting of euro-area finance ministers in Dublin, she said the ECB also considers energy costs' effects on economic growth and consumption [jornaldenegocios.pt#1][rtp.pt#1]. The ECB raised its three main interest rates by 25 b