Christine Lagarde, President of the European Central Bank (ECB), delivers her comments on the prospects for monetary policy at a press conference following the ECB’s decision to leave the policy configuration unchanged in June.
Key Comments:
“We hope that the economic activity accelerates in the second half of the year“.
“Global demand and fiscal measures support activity in the euro zone. “
“The short-term economic outlook remains uncertain“.
“The increase in inflation is due to base effects and temporal factors like the rise in energy prices. “
“The projections point to an increase in inflationary pressures.”
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