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Added on the 18/07/2024 15:30:05 - Copyright : AFPTV - First images
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
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
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
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
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