Lagarde Says Sustaining ECB Rate at 4% Should Help on Prices

“The level where we are at the moment, if we sustain it for long enough — and we can debate that, of course — will make a significant contribution to bringing inflation back to our 2% target,” Lagarde said on Friday. “If major shocks come up, depending on the nature of the shocks, we’ll have to revisit that.” 

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