Lagarde’s Top Comments in after ECB Meeting

“The Governing Council discussed the appreciation of the euro, but as you know we don’t target the exchange rate.”

“The incoming data since our last monetary policy meeting in July suggest a strong rebound in activity broadly in line with previous expectations.”

“Euro-area domestic demand has recorded a significant recovery from low levels.”

“Elevated uncertainty about the economic outlook continues to weigh on consumer spending and business investment.”

“Certainly under current circumstances, it is very likely that the full envelop of PEPP will be used.”

“The Eurosystem has so far not made a decision on whether to introduce a digital euro. But, like many other central banks around the world, we are exploring the benefits, risks and operational challenges of doing so.”

“The findings of a Eurosystem task force are expected to be presented to the public in the coming weeks, followed by the launch of a public consultation.”

“We have a responsibility to ensure that our citizens have choice and cannot be excluded from the payments ecosystem due to the unilateral actions of others.”