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
Upside risks to inflation include geopolitical tensions.
Weather events could drive up food prices.
Inflation could surprise to the downside if monetary policy depresses activity more than expected.
Market rates have fallen noticeably, falling below the rate included in central bank staff projections.
The inflation path is flatter than before, the risk of expectations becoming unanchored decreases.
Many indicators show underlying inflation below expectations.
Inflation prospects conditional on the interest rate path incorporated in the cut.
The salary data we have now is not decreasing.
Some governors would have liked a different adjustment, sooner or later.
The PEPP is not related to fees.
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.
