Lagarde's ECB Keeps Hiking Rates Amid Eurozone Inflation Fears

Christine Lagarde's European Central Bank (ECB) is continuing its rate hike trajectory, and Thursday's increase was a 'no brainer' according to her.

The ECB raised interest rates by a larger-than-expected margin, indicating that the institution is getting into its stride with monetary policy adjustments. The move suggests that Lagarde's leadership is firmly committed to tackling inflationary pressures in the Eurozone.

The rate hike has been seen as a necessary measure to combat rising prices and stabilize the economy, and Thursday's increase was widely anticipated by economists.