European Central Bank's tendency to raise interest rates increases, Lagarde emphasizes increased risks

ING analyst Karsten Bresky said in a report that European Central Bank President Lagarde's remarks at a press conference suggested a step closer to raising interest rates in June. Lagarde stressed that risks to both growth and inflation were rising, although the decision to keep interest rates unchanged was unanimous. Bresky pointed out that the ECB has introduced a clear tendency to raise interest rates in its wait-and-see stance.