Investing.com – European Central Bank President Christine Lagarde stated on Monday that inflation in the Eurozone and the bank’s interest rate policy remain in a “good state,” reaffirming her long-term guidance. This statement indicates that no policy adjustments are currently being considered.
“I am very confident that we are in that good state,” Lagarde said at a conference in Washington.
Lagarde added that the European Central Bank must continuously assess whether it can maintain this state, which requires the bank to remain flexible when deciding whether action is needed.
“At every step, we must evaluate whether we are still in the good state I just described, and therefore, this also means we must stay flexible and determine whether action is necessary,” she said.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.
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European Central Bank President Lagarde states that inflation and interest rate policies in the Eurozone are in a "good state"
Investing.com – European Central Bank President Christine Lagarde stated on Monday that inflation in the Eurozone and the bank’s interest rate policy remain in a “good state,” reaffirming her long-term guidance. This statement indicates that no policy adjustments are currently being considered.
“I am very confident that we are in that good state,” Lagarde said at a conference in Washington.
Lagarde added that the European Central Bank must continuously assess whether it can maintain this state, which requires the bank to remain flexible when deciding whether action is needed.
“At every step, we must evaluate whether we are still in the good state I just described, and therefore, this also means we must stay flexible and determine whether action is necessary,” she said.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.