ECB's Lagarde Says 'Inflation Remains Far Too High'

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European Central Bank President Christine Lagarde speaks at a news conference about the central bank's decision to double its key interest rate to the highest level in more than a decade.
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It's strange that they mostly assume inflation will drop when the consumption drop. Why? If you think about countries with high inflation consumption is long gone but inflation is still in the sky...

Buppasiri
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Inflation is far too high but we're going to keep printing money. These central planners are a complete joke!

paultravers
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It’s still not enough come on. 0.75% oh wow… that’s not enough to fight the highest inflation in decades even she never expected would happen

georgemaximus
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I love how we all ignore that oil is the main reason for inflation. LOL

Letsgo
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You realized now that inflation is high? 🤣🤣🤣
I live in Germany. The rent has increased 2 times in 5 years. Living cost has increased 2 times in last 5 years.

AH-fmrj
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Cynique bce and lagarde, she destroys Middle class and thé base of democratie. She is crazy

moguaii
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The rent is too damn high, but they will raise it higher. All central banker's speeches sound the same, must use the same public relations firm. Who is really in control of global financial policy?

PD_
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Probably tomorrow the FED will follow and we might see again strong volatility in the markets. Possible a bull trap followed by another dump/ price bleed down

barbariantrader
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