Or the EURO. If the EURO would go into freefall than she will have to raise rates but then we will be in a situation that Lagarde knows very well - ARGENTINA -.
haifa ac 08:45:21 GMT - 11/10/2020
There is a slight chance that the BOND market will do this for you.
If the break of 170-30 is real and we go into a down phase (Monthly chart)--that would mean that big money refuses to buy treasuries for the current interest rates and demand higher rates.
This can push the market into a more "inflationary" mood.
PAR08:22:34 GMT - 11/10/2020
Now that a German company has discovered a vaccine for Covid maybe Lagarde should better start listening to her German colleagues and start raising rates, reduce QE, and stop intervening in politics.
Covid, climate change can't be solved by the ECB.
Even setting interest rates would be better left to the markets than to bureaucrats but she Lagarde needs a job.
With the vaccine, the ECB forecasts, as usual, are completely useless and 2021 looks totally different. Lagarde is always back looking.
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