VOT Research Desk
Christine Lagarde, president of the European Central Bank (ECB), will discuss inflation and growth at the Bank of Thailand’s 80th Anniversary Conference in Bangkok. Three unknowns add complexity to monetary policy.
including CPI changes and the state of the world economy. To ensure that CPI returns to target, central banks must make efforts.
We anticipate a timely and tailored budgetary policy. All policies need to work together to achieve sustainable growth. To eliminate supply restrictions, further investment and structural reforms are necessary.
The ECB President Lagarde’s remarks received little to no attention from the euro. Thus, as of this writing, EUR/USD is trading at 1.0515, down 0.09% for the day.
