ECB's Lagarde Says Not Considering Changing Inflation Goal Now
Portfolio Pulse from Benzinga Newsdesk
European Central Bank's (ECB) President Christine Lagarde has stated that the bank is not considering changing its inflation goal at the moment.
June 28, 2023 | 2:12 pm
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NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) could be indirectly affected by the ECB's decision to maintain its current inflation goal.
The ECB's decision to maintain its current inflation goal could have indirect effects on European markets, and therefore on the VGK ETF, which tracks these markets. However, the exact impact is uncertain and depends on various other factors.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50