Italian Prime Minister Mario Draghi is a former ECB president, the immediate predecssor to current Presdient Lagarde.
Draghi was speaking on a visit to Kyiv on Thursday.
- the US has full employment, & US inflation excluding energy and raw material prices is much higher than in the euro zone
- For this reason, while interest hikes are “inevitable” in Eurozone “the pace of adjustment is bound to be more gradual”
Posting this as a catch-up ICYMI. Speaking of cath-up … c’mon ECB!