Christine Lagarde, President of the European Central Bank (ECB), explains the central bank’s decision to keep official interest rates unchanged in December and answers questions from the press.
Featured Statements
The outlook is especially weak for the construction and manufacturing sector.
The labor market continues to support the economy.
It is important to quickly agree on a reform of the EU economic framework.
The decline in inflation was widespread.
Inflation is expected to decline more slowly in 2024.
Most measures of longer-term inflation expectations are currently around 2%.
Some indicators of inflation expectations are declining from high levels.
Risks to growth are skewed to the downside.
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.
