European Central Financial institution President Christine Lagarde feedback on financial coverage, the outlook for the euro-area economic system, inflation and monetary circumstances. She speaks at a information convention in Frankfurt after the ECB lowered rates of interest for the third consecutive assembly, reducing the deposit charge by a quarter-point to three%. That is the opening assertion of her press convention.
00:00:00 Choice to chop rates of interest by a quarter-point to three%
00:03:52 Financial outlook: newest information recommend lack of momentum
00:06:50 Inflation, wages, providers: CPI to fluctuate at present stage
00:09:31` Dangers to progress “tilted to the draw back; Ukraine, Center East conflicts
00:11:33 Monetary and financial circumstances; banks stay “resilient”
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