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ECB President Lagarde (Q&A) says risks of second-round effects is something we have paid attention to

ORIGINAL · NewsquawkECB President Lagarde (Q&A) says risks of second-round effects is something we have paid attention toRead originalHide original

We pay attention to both direct and indirect effects, and the secondary effects ECB currently not seeing risk of second-round effects in addition to what is already in the economic projections Do not see risks of material second-round effects at the moment Cost of long-term financing has clearly increased since the September meeting

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Lagarde said the ECB sees no current risk of material second-round effects beyond its projections, while noting increased long-term financing costs since September.

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We pay attention to both direct and indirect effects, and the secondary effects ECB currently not seeing risk of second-round effects in addition to what is already in the economic projections Do not see risks of material second-round effects at the moment Cost of long-term financing has clearly increased since the September meeting

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