European Central Bank President Lagarde spoke with Dutch media on Sunday, reiterating more hikes yet to come from the Bank.
- “I think we covered a large chunk of the journey toward taming inflation and bringing it back to our target,”
- “We are not done yet, we are not pausing based on the information I have today,”
- the “inflation outlook is too high and for too long.”
- “So many things can go wrong that we cannot give what we call forward guidance,”
- “I don’t have a predetermined number in my mind.”
Lagarde also spoke on the US debt limit talks, saying a US default would be a catastrophe for the world.
