BTCC
/
BTCC Square
/
Global Cryptocurrency
/
ECB’s Lagarde Warns of Persistent Economic Uncertainty Despite Inflation Control
ECB’s Lagarde Warns of Persistent Economic Uncertainty Despite Inflation Control
14
3
BTCCSquare news:
Christine Lagarde, President of the European Central Bank, confirmed the ECB has achieved its price stability target but cautioned that lingering uncertainties cloud the economic outlook. The remarks came during a Danish television interview aired September 20.
While celebrating the 50% reduction in market uncertainty since the Trump-era trade wars, Lagarde emphasized that volatility persists. The ECB maintained borrowing costs unchanged last week following eight consecutive quarter-point reductions this year.
Market analysts now project inflation will stabilize at the bank's 2% target after a modest decline. Lagarde urged financial institutions to maintain discipline around interest rate policies anchored to inflation targets.
By:
