Lagarde also repeated her mantra that monetary policy was in a ‘good place’, a signal taken by investors to mean that no interest rate change was needed
International News via Reuters:
The European Central Bank may lift its growth projections again in December given the economy’s unexpected resilience to uncertainty and trade tensions, ECB President Christine Lagarde said on Wednesday.
“In the last projection exercises, we have upgraded our projections,” Lagarde told a Financial Times event. “My suspicion is that we might do that again in December.”
Lagarde also repeated her mantra that monetary policy was in a ‘good place’, a signal taken by investors to mean that no interest rate change was needed.
Reporting by Balazs Koranyi; Editing by Jan Harvey
