The European Central Bank may need significant rate hikes beyond March and should accelerate the rundown of its oversized bond portfolio to fight stubbornly high inflation, Bundesbank President.
The European Central Bank will deploy new tools if needed to avoid fragmentation across euro zone government bond markets as it begins to tighten monetary policy, ECB President Christine Lagarde said. But she provided no details of what they would be or when they would become necessary, in another sign that the ECB is not .
FRANKFURT -European Central Bank policymakers are gathering on Thursday for what may have become a crisis meeting as Russia s invasion of Ukraine threatens to derail economic growth in the euro zone.