Lagarde speech: More climate disasters to have repercussions on prices and on financial sector
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“If more and more climate disasters, droughts and famines occur throughout the world, there will be repercussions on prices, on insurance premiums and on the financial sector,” European Central Bank (ECB) President Christine Lagarde said in an interview with Madame Figaro.
Lagarde’s comments failed to move the needle around EUR/USD, as it continues to trade around 1.000, retaining 0.35% on the higher side.
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