1. Uncertainty: If there's one thing we've discussed over the last few days, it's the level of uncertainty we face. 2. Tariff Impact: The overall impact of tariffs on inflation is uncertain. This is a very complex situation with a lot of moving parts. 3. Direction: The current direction of development is very clear. Clearly, we've done a lot of work. 4. Policy Language: We want to remain "appropriate" in setting monetary policy. If comparisons are made, the "restrictive" wording disappears and "...
Lagarde, the president of the European Central Bank, defended the two main targets of Trump's complaints: monetary policymakers and global trade. Lagarde suggested that Trump visit Frankfurt to learn how difficult the job of Federal Reserve Chair Jerome Powell, whom he often criticizes, is. In an interview, she talked about the vulnerability of monetary policymakers to political criticism. Lagarde also said that Trump's idea that setting interest rates is easy is not correct. In addition to mone...
ECB President Christine Lagarde will address the official Slovenian Central Bank dinner in ten minutes.
European Central Bank President Christine Lagarde: The time until the October meeting is relatively short.
European Central Bank President Christine Lagarde: Regarding the October meeting, there is no advance commitment of any kind.
European Central Bank President Christine Lagarde: We don't need service sector inflation to reach 2%.
European Central Bank President Christine Lagarde will speak in ten minutes.
ECB President Christine Lagarde: The ECB needs time to assess the uncertainty of inflation. The work is not yet done and must remain vigilant.
European Central Bank President Christine Lagarde will speak in ten minutes.
European Central Bank President Christine Lagarde: Inflation is currently expected to reach 2% next year, which is our goal of pursuing price stability.
European Central Bank President Christine Lagarde will attend a seminar in ten minutes.
ECB President Christine Lagarde: I am very confident that we have brought inflation under control.
On May 22, European Central Bank President Christine Lagarde hinted that interest rates could be cut next month as rapid growth in consumer prices is now largely contained. If the data we receive reinforces our confidence that we will achieve 2% inflation in the medium term, then the ECB is likely to cut interest rates on June 6. "I am very confident that we have inflation under control," she said. "Our forecasts for next year and the year after are very, very close to target, if not on target. ...
European Central Bank President Christine Lagarde: We are very cautious about the exchange rate.
European Central Bank President Christine Lagarde: Eurozone inflation is different from that of the United States.