Heurist Finance

ECB's Lagarde says rising bond yields to slow euro-area growth and cap inflation

Bloomberg · yesterday
  • European Central Bank President Christine Lagarde said rising bond yields will curb economic expansion in the euro area.
  • Lagarde said higher yields will also limit the transfer of elevated energy costs to inflation.

Quotes

“Rising bond yields will curb economic expansion and limit the transfer of elevated energy costs to inflation”— Christine Lagarde

Sources