ECB President Lagarde (Q&A) says we are not in an environment is which growth is absent or under threat

ECB President Lagarde (Q&A) says beginning to see a broadening of inflation; not seeing second round effects at this point, but ECB is attentive

ECB President Lagarde (Q&A) says ECB did not compare baseline and other scenarios; baseline was updated due to inflation and growth

ECB President Lagarde (Q&A) says we are not in an environment is which growth is absent or under threat

ECB President Lagarde (Q&A) says policymakers did not discuss the neutral rate, nor the range of neutral

WSJ's Timiraos says "Early estimates of the May PCE number (following the Thurs release of May PPI and the CPI on Wed) point to a firm core m/m reading that rounds up to 0.4%. Market-based core was milder"