ECB's Lagarde: We have already done a lot on rates, can now observe

  • Lagarde preaches wait-and-see mode in her latest remarks today
  • The battle against inflation is not over
  • We are not declaring victory yet
  • We are seeing progress on inflation

It's just some token remarks overall, as it reaffirms the ECB's pause stance at the moment. Carry on as you will.

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