A defining moment for central banks

Parsing central bank communications is a hit and miss exercise. Sometimes the chosen language is a deliberate attempt to guide markets, at other times it is just a slip of the tongue.

The ECB raised rates by another 50 bps and committed to increasing by the same amount in March. President Christine Lagarde doubled down, saying “we have ground to cover”.
The ECB raised rates by another 50 bps and committed to increasing by the same amount in March. President Christine Lagarde doubled down, saying “we have ground to cover”.Foto: Michael Probst/AP/NTB
Publisert 6. February 2023, kl. 20.47Oppdatert 6. February 2023, kl. 20.47
Financial TimesInflasjonInflasjonsstyringECBFederal Reserve