News First | Europe

ECB slows rate hike pace but signals more to come

4 May 2023, 12:00 am
1 min read
European Central Bank (ECB) President Christine Lagarde speaks to reporters following the Governing Council's monetary policy meeting, in Frankfurt, Germany May 4, 2023. REUTERS/Kai Pfaffenbach

Reuters swiftly reported on the European Central Bank’s rate hike strategy, as detailed by ECB President Christine Lagarde at a press conference. Reuters analyzes the likelihood of further tightening in the fight against inflation.