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ECB chief warns financial tensions may hit eurozone

Policymakers to remain focused on taming sky-high inflation

Redazione Ansa

(ANSA-AFP) - FRANKFURT, MAR 22 - Recent financial turbulence could add to "downside risks" in the eurozone, European Central Bank chief Christine Lagarde warned Wednesday, while insisting policymakers remained focused on taming sky-high inflation.

Market tensions triggered by the collapse of three US lenders and Credit Suisse "have added new downside risks and have made the risk assessment blurrier," she said in a speech in Frankfurt. While not committing to further interest rate hikes, Lagarde said policymakers "still have ground to cover to make sure that inflation pressures are stamped out". (ANSA-AFP).

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