Lagarde said bringing inflation back to the 2% medium-term goal is the ECB’s main mission
-- despite increasing concerns about recessions in Germany and the 19-nation euro zone.
“We will do what we have to do, which is to continue hiking interest rates in the next several meetings,” she said.
“Our primary goal is not to create a recession. Our primary objective is price stability and we have to deliver on that. If we were not delivering, it would hurt the economy far more.”
Bloomberg 28 september 2022
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