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 general economic situation is expected improve in 2021“.
“The uncertainty remains“.
“COVID rates remain persistently high, blockages weigh on growth in the short term. “
“Containment measures are weighing on activity“.
“The rebound of inflation is mainly due to transitory factors“.
“The underlying price pressures remain moderate.”
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