ECB president Christine Lagarde says more rate hikes on the cards, even as inflation cools
Eurozone prices were 6.1pc higher in May, compared with the same month last year, but it marked a slowdown from April
“We need to continue our hiking cycle," ECB president Christine Lagarde said today. Photo: Andreas Rentz / Getty Images
Sarah Collins
Annual price hikes in the 20-country eurozone slowed to 6.1pc in May, a significant drop on the previous month.