ECB must do more to tackle inflation ‘monster’, says Christine Lagarde

Christine Lagarde has warned that underlying price pressures will remain “sticky in the short term” and signalled that further interest rate rises from the European Central Bank are very likely as “inflation is a monster that we need to knock on the head”.

The ECB was not seeking to “break the economy” with rate increases, Lagarde

Spain’s El Correo, as she appealed for banks to reschedule debt repayments for…