LAGARDE SAYS TIGHTER FINANCING WILL WEIGH ON EURO - AREA GROWTH

What happened: ECB President Christine Lagarde said tighter financing and rising long-term rates will weigh on euro-area growth more than the bank expected in September, while limiting energy-cost spillovers into other prices. Key numbers: September headline inflation 3.8%, core 2.5%. Growth projections 0.9% in 2026, 1.4% in 2027, 1.5% in 2028. Why it matters: Lagarde called for a measured response and said the ECB has not committed to a particular rate path, with policymakers weighing incoming data, underlying inflation and the strength of policy effects. Coverage: 3 outlets in 24h

Lagarde links tighter financing conditions to weighing on euro-area growth.

Lagarde links tighter financing conditions to weighing on euro-area growth. — impact context not separately stored; see What changed.