03/11/2021 (Agence Europe) – “Despite the current inflation surge, the outlook for inflation over the medium term remains subdued, and thus these three conditions [for a rate hike] are very unlikely to be satisfied next year”, ECB President Christine Lagarde said on Wednesday 3 November in Lisbon at a conference of the Bank of Portugal. In July, the ECB identified three cumulative preconditions for a rise in the EU institution’s key interest rates: - inflation will have to reach 2%...