00:01European Central Bank Chief Christine Lagarde said that the ECB has several options for dealing with the Middle East war
00:10energy crisis on Wednesday.
00:12Lagarde insisted the ECB was well positioned to deal with the turmoil, with inflation currently close to its 2%
00:20target and the eurozone economy on a sound footing.
00:25We have a strategy that is built for a world of higher uncertainty with risks and scenarios at its core.
00:33We have a graduated set of options for responding and we are starting from a better place should we need
00:39to act.
00:40And we will not act before we have sufficient information on the size and persistence of the shock and its
00:48propagation.
00:49At its most recent meeting last week, the ECB kept interest rates on hold as expected, while warning of higher
00:57inflation and lower growth due to the war.
01:00But analysts now expect the central bank to raise interest rates as early as next month to curb a likely
01:08rise in consumer prices.
01:10Higher global oil and gas costs have led to immediate petrol price hikes in the eurozone and brought back memories
01:17of the energy shock that followed Russia's 2022 invasion of Ukraine.
01:23Thank you,蘇?ALLY
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