christine lagardePresident of the European Central Bank (ECB), delivers her speech on the outlook for monetary policy and answers questions from the press following the Governing Council’s decision to raise official interest rates by 50 basis points in February.
Featured Statements
“We expect growth to remain weak.”
“High inflation and tighter financing conditions are holding back spending and production.”
“Supply bottlenecks are gradually being eased.”
“The gas supply is now more secure.”
“Wage increases will restore some purchasing power“.
“The economy is more resilient than expected, should recover in the coming quarters“.
“Job creation may slow down, unemployment could rise.”
“It’s important to start reducing fiscal support.”
“Fiscal measures could exacerbate inflationary pressures and require a stronger response from the ECB.”
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.
