FILE - Christine Lagarde, President of the European Central Bank listens during a news conference in Frankfurt, Germany, July 21, 2022. Lagarde says she doesn't believe inflation has peaked after reaching the highest levels on record and that the bank isn’t through raising interest rates to combat those price spikes. Lagarde told European lawmakers Monday, Nov. 28, 2022 that there's too much uncertainty to know whether inflation, which hit 10.6% in October, would come down s…
November 28, 2022
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November 28, 2022 3 p.m.
Europe's inflation likely hasn't peaked, ECB's Lagarde says
The head of the European Central Bank said Monday she does not believe inflation has peaked after reaching the highest levels on record.