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ECB Being Pulled in Multiple Directions as It Prepares First Rate Rise in a Decade
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FRANKFURT—European Central Bank President Christine Lagarde faces a three-pronged challenge this week as she steers Europe’s currency union through an increasingly hostile landscape of surging prices, slowing economic growth and political turbulence.
Ms. Lagarde is expected to unveil the ECB’s first interest-rate increase in more than a decade to combat eurozone inflation that is nearing 9%, following—with some delay—other central banks, including the Federal Reserve.
Read more on wsj.comAbout this in other media
Workers are being punished for inflation. The real culprit is corporate greed theguardian.com /1 year ago
If recession hits the UK, a base rate rise is the last thing we need theguardian.com /1 year ago
Fed’s Bostic Says Economy Probably Isn’t in Recession, More Rate Rises Needed wsj.com /1 year ago
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