Global EconomyIMPORTANT
ECB President Lagarde (Q&A): new additional scenarios will be published "tomorrow, or in the next few days" with respect to the forecasts. Will be a "benign", "adverse" and "severe" scenarios. Differences are primarily determined by the price of energy.
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ECB President Lagarde announced upcoming benign, adverse, and severe forecast scenarios driven by energy prices, affirming the September 25bps rate hike to 2.50% is robust across all scenarios.
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Against all three scenarios, the 25bps hike taken in September was robust.
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