Christine Lagarde, President of the European Central Bank (ECB), and Vice-President Luis de Guindos addressed a press conference in Ljubljana on October 17, 2024. They announced the Governing Council's decision to lower the three key ECB interest rates by 25 basis points. The move aims to address inflation dynamics and strengthen monetary policy transmission.
Christine Lagarde, President of the European Central Bank (ECB), and Luis de Guindos, Vice-President of the ECB, addressed a press conference in Frankfurt am Main on September 12, 2024. The Governing Council has decided to lower the deposit facility rate by 25 basis points based on an updated assessment of the inflation outlook, underlying inflation dynamics, and monetary policy transmission strength.
Christine Lagarde, President of the European Central Bank (ECB), and Luis de Guindos, Vice-President of the ECB, addressed a press conference in Frankfurt am Main on July 18, 2024. They announced that the Governing Council decided to keep the three key ECB interest rates unchanged.
Christine Lagarde, President of the European Central Bank (ECB), and Vice-President Luis de Guindos announced a reduction in the ECB's key interest rates by 25 basis points. This decision follows an updated assessment of inflation and monetary policy transmission. "Based on our updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission, it is now appropriate to moderate the degree of monetary policy restriction after nine months of holding rates steady," said Lagarde.
European Central Bank President Christine Lagarde on Friday, November 17 proposed the creation of a European equivalent to the U.S. Securities and Exchange Commission to advance the European Capital Markets Union (CMU). In a speech at the European Banking Congress, she urged a shift in Europe's financial strategy to address the continent's upcoming economic challenges.
The European Central Bank (ECB) has announced a 25 basis point increase in its three key interest rates, bringing the rates on the main refinancing operations, marginal lending facility, and deposit facility to 3.75%, 4.00%, and 3.25%, respectively.