Crypto

Lagarde Q&A: We want to see at least 2% inflation well-ahead of our projection horizon

Comments from Lagarde in the Q&A

  • We want durable 2% inflation. It can oscillate a bit
  • Inflation cannot be below 2% for rates to rise

Lagarde’s comments are having very little impact on markets. Everyone is already pricing in bottomed-out rates indefinitely.

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