Christine Lagarde, President of the European Central Bank (ECB), delivers her comments on the prospects for monetary policy at a press conference following the ECB’s decision to leave the monetary policy configuration unchanged.
Key Comments:
“The projections see a gradual increase in underlying inflationary pressure“.
“The general inflation outlook remains practically unchanged.”
“Financing conditions include risk-free rates and corporate borrowing costs, among others”.
“Market rates pose a risk to the broader financial conditions“.
“The cups could lead to premature adjustment“.
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