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ECB’s Pres Lagarde: Won’t Be Changing Policy Stand Based On Short Term Market Moves - Limited Spread Variation Despite Massive Yield Moves
Lagarde gives her blessing to the bond market sell-off. There has been “very little spread variation.”
European Central Bank President Lagarde has stated that the bank will not be altering their policy stance in response to short-term market fluctuations. #ECB #Lagarde #marketmovements
European Central Bank President Christine Lagarde has affirmed that the bank will not adjust its policy stance in response to short-term market fluctuations. In her remarks, she noted that there has been limited spread variation despite significant movements in yields. Lagarde's comments suggest a steady approach from the ECB amid ongoing market volatility, indicating that the bank remains focused on long-term economic indicators rather than reacting to immediate market changes.
