Europe will need to face higher interest rates as a potential recession won't be enough to bring down inflation on its own, ECB President Christine Lagarde says

Europe will need to face higher interest rates as a potential recession won't be enough to bring down inflation on its own, ECB President Christine Lagarde says

Business Insider

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"Inflation in the euro area is far too high," said ECB President Christine Lagarde, signaling that more rate hikes are in the pipeline.

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