After Fed's Jerome Powell, G7 Central Bank Chief Fires A 'Higher For Longer' Rate Warning: 'Inflation Fight Isn't Won Yet'

After Fed's Jerome Powell, G7 Central Bank Chief Fires A 'Higher For Longer' Rate Warning: 'Inflation Fight Isn't Won Yet'

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On Friday, European Central Bank President Christine Lagarde said at the Jackson Hole Summit that interest rates in the European Union will have to stay high as long as necessary. What Happened: “While progress is being made, the inflation fight is not yet won,” Lagarde said, AP reported. She…

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