Christine Lagarde, President of the European Central Financial institution (ECB), explains the ECB’s resolution to decrease key charges by 25 foundation factors on the June coverage assembly and responds to questions from the press.
Key quotes
“We’ve not mentioned impartial charge.”
“Impartial relies on absence of shock.”
“Dealing with important uncertainty.”
“Had intensive discussions on affect of disruption of provide chains.”
“Attending to the tip of the financial coverage cycle.”
