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.
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:Link to statement on ECB website: Good afternoon, the Vice-President and I welcome you to our press conference.
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,
European Central Bank President Christine Lagarde said it’s improbable that any European Union country will choose to add Bitcoin to its monetary reserves.
Bulgaria has made progress in meeting the convergence criteria for joining the eurozone, according to European Central Bank (ECB) President Christine Lagarde. Speaking at a press conference, she noted that the assessment primarily falls under the European Commission’s jurisdiction but emphasized that the process in Bulgaria is advancing.
The World Economic Forum’s annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,
The European Central Bank's president responded Friday to U.S. President Donald Trump's accusation of unfair trade treatment by the European Union by calling for negotiations and mutual respect rather than a focus purely on trans-Atlantic trade figures.
Central bank independence is being challenged in parts of the world and greater political influence could undermined banks' ability to keep inflation down, risking economic volatility, European Central Bank President Christine Lagarde said on Monday.
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 ...
"If the price came down, the Russia-Ukraine war would end immediately ... Some in the audience included European Central Bank chief Christine Lagarde, Polish President Andrzej Duda and Croatian ...
"If the price came down, the Russia-Ukraine war would end immediately ... Some in the audience included European Central Bank chief Christine Lagarde, Polish President Andrzej Duda and Croatian ...
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.