Reported about 14 hours ago
European Central Bank President Christine Lagarde announced the decision to maintain interest rates unchanged during a recent policy meeting, emphasizing the stability of inflation around the 2% target for the medium term. The ECB's economic projections suggest moderate growth rates and a stable inflation outlook, despite challenges such as global competition and geopolitical tensions. Lagarde highlighted the importance of structural reforms and strategic investments to bolster the euro area economy and reiterated a data-driven approach for future monetary policy decisions.
Source: YAHOO