Home » ECB, Lagarde: raising rates would not solve any problems. We do not want to throttle the recovery ‘

ECB, Lagarde: raising rates would not solve any problems. We do not want to throttle the recovery ‘

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“Raising rates would not solve any of the current problems.” This is what the number one of the ECB, Christine Lagarde, said in an interview with the newspaper Redaktionsnetzwerk Deutschland.

“It is highly unlikely that oil prices will continue to rise at the pace of the 2020-2022 period,” Lagarde said, adding that she is “confident that (euro area) inflation will slow down over the course of the year. year”.

And again: “we are approaching the goal, which will allow us to withdraw some interventions gradually”.

“But we don’t want to throttle the recovery – underlined Lagarde – and the debate on greenflation is exaggerated”. The president of the ECB also said that in most euro countries, including Germany, wage demands “are very moderate”.

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