Lagarde downplays neutral rate as ECB raises borrowing costs
By The BriefBrief
European Central Bank President Christine Lagarde played down the significance of the “neutral” interest rate as the ECB raised borrowing costs again. She warned that inflation pressures are likely to persist despite the rate move.
WHO:Christine Lagarde
WHAT:Lagarde downplayed the significance of the neutral interest rate while commenting on the ECB raising borrowing costs again and warning inflation pressures may persist.
WHEN:Reported Sep 10, 2026 at 9:26 AM ET
WHERE:European Union
WHY:Lagarde was responding to the ECB’s decision to raise borrowing costs again and addressing concerns about ongoing inflation pressures.
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