Economy

ECB President Christine Lagarde Holds Press Conference on Monetary Policy

Published December 14, 2023

European Central Bank President Christine Lagarde is set to address the public in a press conference after the bank's decision on interest rates. Observers and investors closely watch these briefings for insights into the bank's economic outlook and future policy directions.

Interest Rates Remain Unchanged

In its recent assembly, the European Central Bank maintained the status quo on interest rates, marking the second consecutive session without a change. This decision comes amidst recent data pointing to a significant dip in the euro zone's inflation rates.

Economic Growth and Inflation

While holding rates steady, the ECB has adjusted its growth forecasts, signaling a more cautious economic outlook. The bank's actions and forward guidance are closely followed as investors try to anticipate the timing of future rate adjustments and the ECB's strategy for its balance sheet management.

ECB, Lagarde, InterestRates