The European Central Financial institution lowered rates of interest for the second time this 12 months with inflation receding towards 2% and issues in regards to the economic system constructing. The important thing deposit charge was reduce by 25 foundation factors to three.5% — as all analysts polled by Bloomberg predicted. That is the total assertion and press convention from ECB President Christine Lagarde in Frankfurt.
#ecb #enterprise #europe #shares #markets
00:00 welcome
2:00 Lagarde opening assertion
2:15 ECB cuts charges
12:40 dangers to financial progress
17:20 Q&A begins
Learn extra:
https://www.bloomberg.com/information/articles/2024-09-13/ecb-officials-stick-with-call-for-gradual-cuts-in-interest-rates
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