ECB Stays Course on Interest Rates; Lagarde Discusses Economic Outlook

Reported about 12 hours ago

In a recent press conference, European Central Bank President Christine Lagarde confirmed that interest rates remained unchanged, indicating the bank's cautious stance amidst a backdrop of slowing inflation. She highlighted the complexities of the U.S. economy and the importance of maintaining data integrity while discussing the European economic outlook, emphasizing a balanced approach to potential risks. Lagarde stated that the bank is not committing to a specific rate path and remains adaptable, depending on economic developments.

Source: YAHOO

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