ECB’s Kocher Says Inflation to Stay for a While After Iran Deal


Last week, policymakers lifted the deposit rate by a quarter-point to 2.25% in response, and economists as well as markets expect at least one additional such step by the end of the year. None of Kocher’s colleagues has formally committed to further tightening, but President Christine Lagarde herself stressed this week that she has to “kill inflation,” signaling the job isn’t done.



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