Lagarde on ECB's Reaction Function and Her Own Future

European Central Bank President Christine Lagarde discussed the ECB's reaction function and future rate path in a news conference in Berlin. When asked about her own future as head of the ECB, she replied that people would be informed after her grandchildren.

Lagarde's comments on the ECB's reaction function come at a time when the bank is grappling with high inflation rates. Her statement on her own future sparked some curiosity among market participants.