The European Central Bank lowered interest rates for the third consecutive meeting, cutting the deposit rate by a quarter-point to 3%.
This is the press conference held by European Central Bank President Christine Lagarde.
“The economy should strengthen over time, although more slowly than previously expected,” she told a press conference in Frankfurt. “The risk of greater friction in global trade could weigh on euro-area growth by dampening exports and weakening the global economy.”
#ecb #business #europe #stocks #markets
Author: Bloomberg Television
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News post in December 13, 2024, 12:00 pm.
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