02-04-2022, 10:49 PM
Quote:In a move labeled by analysts as a "pivot," European Central Bank President Christine Lagarde was more hawkish than expected at the central bank's meeting on Thursday. She acknowledged mounting inflation risks and declined to repeat her previous guidance that an interest rate increase this year was "very unlikely." read more. The euro jumped on Thursday and extended its gains on Friday, hitting a three-week high. At 1152 it was up 0.3% on the day at $1.14745. read moreEuropean stocks falter; bond yields rise after ECB 'pivot' | Reuters

