Lagarde speech: Hikes should send signal that we’ll meet price goal
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European Central Bank (ECB) President Christine Lagarde said in her appearance on Friday that “hikes should send a signal that we’ll meet price goal.”
Earlier on, the central bank policymaker Olli Rehn said, “I assume further rate hikes going forward.”
Meanwhile, ECB Vice President Luis de Guindos said that “we do not have any estimates of the terminal rate.”
EUR/USD is off the lows, still down 0.30% on the day at 0.9970 on the above comments.
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