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.
European Central Bank President Christine Lagarde said Bulgaria is “well advanced” in the process of meeting the criteria for joining the euro.
During the press conference, ECB President Christine Lagarde indicated that the central bank's macro assessment had hardly changed from its December meeting. The ECB still sees the disinflationary process on track and expects a pick up in demand, though it acknowledges the near-term weakness of the eurozone economy.
Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.
KIRILL KUDRYAVTSEV / AFP The European Central Bank cut interest rates again Thursday, January 30, and signaled more to come as the eurozone economy flatlines while warning of trade tensions and uncertainty amid American President Donald Trump's protectionist agenda.
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 European Central Bank lowered its interest rates for a fourth policy session in a row on Thursday and is likely to opt for more
The European Central Bank is set to lower interest rates for a fifth meeting as inflation that’s nearing the 2% target lets officials further loosen the shackles on the economy.
The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.
ECB President Christine Lagarde ruled out Bitcoin as a reserve asset for the eurozone’s central banks, citing concerns over liquidity, security, and regulatory risks.
ECB President Christine Lagarde has firmly stated that Bitcoin will not be included in EU reserves due to concerns over regulatory risks.