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Global demand and fiscal measures support activity in the euro zone

Christine Lagarde, President of the European Central Bank (ECB), delivers her comments on the prospects for monetary policy at the press conference following the ECB’s decision.

Featured statements:

“Global demand and fiscal measures support activity in the euro area.”

“The uncertainty remains.”

“The short-term prospects are clouded“.

“Infections and containment measures weigh on activity in the euro zone.”

“The vaccines and the relaxation of the contagion curves support the expectation of a rebound.”

“The rise in inflation is due to transitory factors“.

“The underlying price pressures remain moderate.”

“Financing conditions are generally stable recently.”

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