ECB Decision: Disinflationary Process 'Well on Track,' Lagarde Says
October 17, 2024
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2:12Now PlayingECB Decision: Disinflationary Process 'Well on Track,' Lagarde Says
YouTube Description
as posted by the channelEuropean Central Bank President Christine Lagarde announced the ECB Governing Council decided to lower interest rates on Thursday, but said the central bank will not pre-commit to a particular rate path. "We are determined to ensure that inflation returns to our 2% medium term target in a timely manner. We will keep policy rates sufficiently restrictive for as long as necessary to achieve this aim," Lagarde told journalists.
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