Lagarde speech: Case for a 50 bps rate hike this month is still on the table as inflation is still too high

European Central Bank (ECB) President Christine Lagarde, in an interview with Spanish TV on Thursday, is touching upon topics such as the economic impact of the war in Ukraine and rising prices and interest rates hikes.

Key quotes

“The case for a 50 bps rate hike this month is still on the table as inflation is still too high.”

“We have to use all tools at our disposal to bring inflation down.”