The head of the European Central Bank said the bank’s latest rate increase will help bring down inflation to its 2% target by next year.

The head of the European Central Bank said the bank’s latest rate increase will help bring down inflation to its 2% target by next year.

ECB raised its deposit rate to 2.25% in its first hike since 2023. Lagarde says the euro area can handle tighter policy. Here's what it means for crypto.