Home > ECB did not 'discuss rate cuts': Lagarde

Business
ECB did not 'discuss rate cuts': Lagarde

Description

European Central Bank governors did not "discuss rate cuts at all" at their meeting on Thursday, president Christine Lagarde says, as the institution freezes borrowing costs again. "We did not discuss rate cuts at all. No discussion or debate on this issue." Lagarde tells a press conference, as the central bank seeks to douse growing market hopes of early drops in interest rates next year. SOUNDBITE

Added on the 14/12/2023 15:53:12 - Copyright : AFPTV - First images

To customise your video :

More videos on the subject

ECB's Lagarde says September rate scenario 'wide open'

The President of the European Central Bank, Christine Lagarde, abstains from committing to a possible interest rate cut in September, saying that the outcome of the next meeting remains "wide open" and would depend on the latest data. SOUNDBITE

18/07/2024 - AFPTV - First images
ECB leaves key rates unchanged, says President Lagarde

European Central Bank President Christine Lagarde announces that ECB European Central Bank left its key interest rates unchanged again. The third consecutive pause since October was widely expected, and leaves the benchmark deposit rate at a record high of four percent. SOUNDBITE

25/01/2024 - AFPTV - First images
ECB holds key interest rates steady: Lagarde

European Central Bank President Christine Lagarde says the institution will freeze borrowing costs again on Thursday but warns that inflation could pick up again in the near term, in an apparent pushback against market hopes of early rate cuts in 2024. It is the second time in a row the central bank has held rates, following a run of historic hikes to tame runaway price rises. SOUNDBITE

14/12/2023 - AFPTV - First images
ECB 'very attentive' to economic risks from Israel-Hamas war: Lagarde

The European Central Bank is "very attentive" to economic risks posed by the conflict between Israel and Palestinian militant group Hamas, ECB president Christine Lagarde says after a meeting held exceptionally in Athens. Referring to the crisis in the Middle East as well as the war in Ukraine, she says: "We are monitoring the situation, we are very attentive to the economic consequences that that could have, whether in terms of direct or indirect impact on energy prices, or the level of confidence that economic actors will continue to display." SOUNDBITE

26/10/2023 - AFPTV - First images
Inflation has 'dropped markedly' but still 'too high for too long': ECB President Lagarde

Eurozone inflation "dropped markedly" in September but is still expected to remain "too high for too long", European Central Bank President Christine Lagarde tells the press in Athens, whilst announcing that the ECB was holding interest rates steady. Policymakers had raised rates at each of their last 10 meetings as they sought to rein in soaring inflation driven in large part by surging energy prices in the wake of Russia's invasion of Ukraine. SOUNDBITE

26/10/2023 - AFPTV - First images