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Lagarde: Do Whatever it Takes to Bring Inflation Down

Lagarde: Do Whatever it Takes to Bring Inflation Down

The European Central Bank (ECB) will do “whatever it takes” to reduce the high inflation and ensure more stable prices.

So said ECB President Christine Lagarde at a World Trade Organization (WTO) meeting in Geneva, Switzerland.

According to Lagarde, the ECB will make every effort to achieve this. The central bank has been hovering interest rates for some time to tackle inflation. However, she stated that high inflation mainly affects vulnerable people. “It’s not a good situation.”

The meeting also celebrated International Women’s Day. Lagarde and WTO Director-General Ngozi Okonjo-Iweala stated that inflation also walloped women. “The lowest paid are women,” said the Frenchwoman.

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