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Added on the 02/06/2016 16:50:03 - Copyright : Reuters EN
The European Central Bank President Christine Lagarde warns that growth in the eurozone risks slowing further, while inflation could continue to rise beyond recent record highs. SOUNDBITE
The eurozone's pandemic-induced recession is expected to be less severe than expected in 2020 at -7.3 percent, ECB chief Christine Lagarde says, but next year's rebound will be smaller than initially forecast. SOUNDBITE of Christine Lagarde
The European Central Bank (ECB) announces its first interest rate cut since 2019, reducing borrowing costs from record highs, but giving few clues about its next move while warning of continuing inflation pressures. "The governing council today decided to lower the three key ECB interest rates by 25 basis points," says Christine Lagarde, ECB President. SOUNDBITE
Tensions in the Middle East and shipping disruptions in the Red Sea could push eurozone inflation higher again, European Central Bank president Christine Lagarde warns at a press conference in Frankfurt. SOUNDBITE
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
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