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Watch: ECB President Christine Lagarde speaks after rate decision - TL;DR CNBC

Watch: ECB President Christine Lagarde speaks after rate decision

Publishing timestamp: 2023-12-14 08:58:31


Summary

The article states that the ECB has held interest rates steady for the second meeting in a row and has revised its growth forecasts lower. The bank was expected to leave policy unchanged due to a sharp fall in euro zone inflation. Investors are now looking for signals on when the first rate cut may come and assessing the ECB's plans to shrink its balance sheet.


Sentiment: NEUTRAL

Tickers: EUR=

Keywords: business newseconomypricesmarketschristine lagardeeuropean central bankeur/usdcentral bankinglondonbanks

Source: https://www.cnbc.com/2023/12/14/watch-live-ecb-president-christine-lagarde-speaks-after-rate-decision.html


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