# Lagarde pushes back on market rate-hike bets as energy costs soar

https://mins.news/en/item/64222

- Reuters, 2026-09-18 12:40 UTC
- Economy
- Original: https://www.reuters.com/business/lagarde-pushes-back-market-rate-hike-bets-after-energy-costs-soar-2026-09-18/?link_source=ta_bluesky_link&taid=6aad3128fbc2160001c2c226

> ECB President Christine Lagarde said on Friday that European Central Bank interest rates do not move in lockstep with oil and gas prices, countering market expectations of aggressive hikes as energy costs surge.