Lagarde says ECB will act only gradually

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Lagarde says ECB will act only gradually
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The ECB president Christine Lagarde has pledged that officials will remove stimulus at the right time but will not rush.

that officials will not rush to remove stimulus in the euro region as she sought to highlight the limits of their powers at a time of volatile prices.

, refusing to rule out an interest rate rise this year. Some colleagues have since said such a scenario is possible, though others urge caution in responding to soaring prices that have prompted an aggressive response by the Bank of England.

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