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The Guardian - UK
The Guardian - UK
Business
Graeme Wearden

Davos day three: Keir Starmer says Rishi Sunak shouldn’t have missed WEF – as it happened

Closing post

Time to wrap up – here are our main stories from Davos today:

Back tomorrow….. GW

Christine Lagarde, President, European Central Bank, speakng in Davos today
Christine Lagarde, President, European Central Bank, speakng in Davos today Photograph: Laurent Gilliéron/EPA

Earlier today in Davos, the president of the European Central Bank pledged to “stay the course” in the fight against inflation.

Christine Lagarde told a panel discussion here at WEF that the ECB will continue raising interest rates and leave them in restrictive territory for as long as it takes to bring down inflation to its 2% target.

Lagarde insisted:

“We shall stay the course until such a time when we have moved into restrictive territory for long enough so that we can return inflation to 2% in a timely manner.

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