Lagarde speech: Inflation is way too high, will stay course with rate hikes

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European Central Bank (ECB) President Christine Lagarde is speaking at a panel discussion titled “Finding Europe’s New Growth” at the World Economic Forum (WEF), in Davos this Thursday.

In an immediate reaction to Lagarde’s comments, EUR/USD is trading unfazed at around 1.0820, up 0.28% on the day.

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