Christine Lagarde, President of the European Central Bank (ECB)explains the decision to keep official interest rates unchanged in March and answers questions from the press.
Featured Statements
“We are advancing in the disinflationary process.”
“We have more confidence in achieving the goal, but not enough“.
“The data will arrive in the coming months, we will know much more in June“.
“We are seeing a general moderation in core inflation.”
“It's clearly a positive sign, but still not enough.”
“There is broad agreement that we will not change our minds because of a single piece of information.”
“Data directionally good but not strong or durable enough.”
About the ECB press conference
Following the ECB's monetary policy decisions, the president of the institution makes a prepared statement and answers questions from the press about the outlook for monetary policy. His comments can influence the volatility of the euro and determine a positive or negative trend in the short term. His dovish stance is considered positive or bullish for the euro, while his dovish stance is considered negative or bearish.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
