Xinhua News Agency, June 1, European Central Bank President Christine Lagarde said that inflation is too high and will remain so for a long time. We need to continue our interest rate hike cycle until we are confident enough that inflation can return to our target in time.

Xinhua News Agency, June 1, European Central Bank President Christine Lagarde said that inflation is too high and will remain so for a long time. We need to continue our interest rate hike cycle until we are confident enough that inflation can return to our target in time.