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Statement by Christine Lagarde, President of the ECB, at the forty-ninth meeting of the International Monetary and Financial Committee
Since our last meeting in October, the global growth outlook has improved somewhat, reflecting revised growth prospects across both advanced and emerging market economies. The disinflationary process has continued amid falling energy prices, the normalisation of supply conditions and tight monetary policy. While the global economy has weathered the tightening of monetary policy well, growth prospects remain subpar by historical standards. Risks to the global outlook are broadly balanced for both economic activity and inflation, though rising geopolitical tensions pose an upside risk to inflation and a downside risk ... (full story)
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ECB'S PRESIDENT LAGARDE: THE DISINFLATION PROCESS IN THE EURO AREA HAS CONTINUED.
— FinancialJuice (@financialjuice) April 19, 2024
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ECB’s Lagarde: if Inflation Criteria Met, It Would Be Appropriate to Reduce the Current Level of MonPol Restriction
— DB News TradFi (@DBNewswire) April 19, 2024
ECB’s Lagarde: at the Same Time, the Governing Council is Not Pre-Committing to a Particular Rate Path
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ECB'S PRESIDENT LAGARDE: IF THE INFLATION CRITERIA IS MET, IT WOULD BE APPROPRIATE TO REDUCE THE CURRENT LEVEL OF MONETARY POLICY RESTRICTIONS.
— FinancialJuice (@financialjuice) April 19, 2024