The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation. Following are highlights of ECB President Christine Lagarde's comments at a news conference after the policy meeting.
The ECB cut rates by 25bps to 2.75%, with Lagarde signalling further easing if inflation declines. Growth risks persist amid weak confidence and geopolitical tensions. She ruled out Bitcoin as a reserve asset,
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The comments by Christine Lagarde alluding to a U.S.-EU rift offered ... efforts to end wars in places like Ukraine and the Middle East, and technological progress. Some human rights advocates ...
Bulgaria has made progress in meeting the convergence criteria for joining the eurozone according to European Central Bank ECB President Ch
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:
Any one of those resume bullet points might be enough to sink her precariously perched nomination, but in her confirmation hearing today it was Edward Snowden that dominated the discussion. Judging from the line of questioning from senators in both parties,
Gold is up $31 this morning, and Silver is up 59-cents! There must be a double helix in the sky tonight, throw out the hardware let's do this right! (Steely Dan, from Aja). The price of Oil remained trading with a $72 handle overnight,
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
The European Central Bank lowered rates by 25 basis points to 2.75% as expected and kept more easing on the table.
The ECB president confirmed that the disinflation process “is underway” and ruled out the possibility of stagflation, “there is a recovery” but warned about US tariffs: “They could weaken the economy”.