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:
“We will continue to monitor the evolution of currencies“.
“Incoming data and surveys suggest that activity may have contracted in the first quarter.”
“Growth is expected to resume in the second quarter“.
“Services activity remains limited, but there are signs of bottoming out.”
“The downside risks remain in the short term“.
“The medium-term risks are more balanced“.
“Headline inflation is likely to rise in the coming months.”
“The underlying price pressures will increase somewhat this year.”
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