Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave the key interest rates unchanged in April and responds to questions from the press.
Christine Lagarde, President of the European Central Bank , explains the ECB 's decision to leave the key interest rates unchanged in April and responds to questions from the press. Key quotes We will get a lot more data by June. We are not dependent on the US Federal Reserve. We donot speculate on what other central banks may do. USand Eurozone inflationdriven by different factors. Can't assume that Eurozone inflation will mirror USinflation.
The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde. How does inflation data impact the value of the Euro? Eurozone inflation data, measured by the Harmonized Index of Consumer Prices , is an important econometric for the Euro.
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