Another word of the week! ' Laggard ' LOL Maybe in some European language it's spelt like .. ' Lagarde ' .. I'm not sure but it would make sense!
https://dictionary.cambridge.org/dictionary/english/laggard
For interest.........Makes you wonder how much info they want when they say we will have 'sufficient' info!
https://www.cnbc.com/2022/07/01/euro-zone-inflation-8point6percent-in-june-ecb-to-hike-rates-for-first-time-in-11-years.html
" “If the inflation outlook does not improve, we will have sufficient information to move faster,” Lagarde told an audience in Sintra, Portugal, about the period after that September hike."
They are still negative rates! Wonder if they'll do a Turkey!
