ECB President Christine Lagarde, in a press conference, expressed concerns about tighter financing conditions weighing on the economy and the broad-based decline in inflation. She highlighted that risks to economic growth remain tilted to the downside and that inflation is expected to pick up in December but decline more slowly in 2024. Lagarde emphasized that the inflation path is flatter than before, lowering the risk of expectations de-anchoring. She cautioned against complacency on inflation and signaled that investor bets on imminent interest-rate reductions may be premature.
ECB President Lagarde says policymakers mustnβt get complacent following the recent slump in inflation toward 2% β signaling that investor bets on imminent interest-rate reductions may be premature https://t.co/hMaMgO7Gc0
π΄ ECB'S PRESIDENT LAGARDE ENDS THE PRESS CONFERENCE.
ECB President Lagarde says policymakers mustnβt get complacent following the recent slump in inflation toward 2% β signaling that investor bets on imminent interest-rate reductions may be premature https://t.co/0BC1oXFaQ7
ECB President Lagarde says policymakers mustnβt get complacent following the recent slump in inflation toward 2% β signaling that investor bets on imminent interest-rate reductions may be premature https://t.co/B2gfwqrVhv
π΄ ECB'S PRESIDENT LAGARDE: WE DON'T THINK IT'S TIME TO LOWER GUARD, THERE'S STILL WORK TO BE DONE. THIS CAN TAKE FORM OF HOLDING RATES.
"We should absolutely not lower our guard" on inflation, ECB President Christine Lagarde says, after the central bank kept interest rates on hold https://t.co/rj3ZT7S7Tp https://t.co/cGQ2IGigBz
"We should absolutely not lower our guard" on inflation, ECB President Christine Lagarde says, after the central bank kept interest rates on hold https://t.co/L09ThJELsI https://t.co/bwhAzAzmTw
"We should absolutely not lower our guard" on inflation, ECB President Christine Lagarde says, after the central bank kept interest rates on hold https://t.co/TMCngk82MX https://t.co/1ig8tZfhI6
* LAGARDE: RISKS TO ECONOMIC GROWTH STILL TILTED TO DOWNSIDE @JohnSpall247 #ECB
π΄ ECB'S PRESIDENT LAGARDE: BETWEEN HIKES AND CUTS, THERE IS A PLATEAU OF HOLD.
"The risks to economic growth remain tilted to the downside," ECB President Christine Lagarde says, after the central bank kept interest rates on hold https://t.co/L09ThJELsI https://t.co/EZaypYMXWU
"The risks to economic growth remain tilted to the downside," ECB President Christine Lagarde says, after the central bank kept interest rates on hold https://t.co/rj3ZT7S7Tp https://t.co/4Ms6qRYIM4
"Risks to economic growth remain tilted to the downside" ECB President Christine Lagarde outlines growth prospects after the central bank left rates unchanged https://t.co/TMCngk82MX https://t.co/rx8EuuLrjN
π΄ ECB'S PRESIDENT LAGARDE: THE INFLATION PATH IS FLATTER THAN BEFORE, LOWERS RISK OF EXPECTATIONS DE-ANCHORING.
π΄ ECB'S PRESIDENT LAGARDE: THE FINANCIAL STABILITY OUTLOOK REMAINS FRAGILE.
π΄ ECB'S PRESIDENT LAGARDE: INFLATION MAY SURPRISE ON DOWNSIDE IF MONETARY POLICY DEPRESSES ACTIVITY MORE THAN EXPECTED.
π΄ ECB'S PRESIDENT LAGARDE: RISKS TO GROWTH ARE SKEWED TO THE DOWNSIDE.
*LAGARDE: RISKS TO ECONOMIC GROWTH STILL TILTED TO DOWNSIDE
π΄ ECB'S PRESIDENT LAGARDE: MOST MEASURES OF LONGER-TERM INFLATION EXPECTATIONS CURRENTLY STAND AT AROUND 2%.
π΄ ECB'S PRESIDENT LAGARDE: IN DECEMBER, INFLATION LIKELY TO PICK UP. INFLATION IS TO DECLINE MORE SLOWLY IN 2024.
π΄ ECB'S PRESIDENT LAGARDE: THE INFLATION DECLINE WAS BROAD-BASED.
π΄ ECB'S PRESIDENT LAGARDE: TIGHTER FINANCING CONDITIONS ARE TO WEIGH ON THE ECONOMY.
π΄ ECB PRESS CONFERENCE WITH PRESIDENT LAGARDE - WATCH LIVE https://t.co/4v6piz9CpC