The European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively, as was widely expected.<\/p>\n\n\n\n
Christine Lagarde, President of the Europen Central Bank (ECB), is delivering her remarks on the monetary policy outlook at the post-meeting press conference:<\/p>\n\n\n\n
Momentum has moderated but Eurozone continues to recover strongly.<\/p>
Our analysis certainly does not support that the conditions of our forward guidance are satisfied at the time of lift-off as expected by markets, nor any time soon thereafter.<\/p>
Expects inflation to rise further, then decline in 2022.<\/p>
The grip of the pandemic has weakened.<\/p>
Medium-term inflation is still seen below the 2% target.<\/p>
Economy expected to exceed pre-pandemic level by year-end.<\/span><\/p>
The phase of rising inflation will last longer than originally expected.<\/p>
High energy prices may reduce purchasing power.<\/p>
This reflects energy, recovery demand outpacing supply.<\/p>
<\/p><\/blockquote>\n\n\n\n
<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
The European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility unchanged at 0.00%, 0.25% and -0.50%, respectively, as was widely expected. Christine Lagarde, President of the Europen Central Bank (ECB), is delivering her remarks on the monetary policy outlook at the …<\/p>\n","protected":false},"author":9,"featured_media":41151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,36],"tags":[6839,7912,7832],"class_list":["post-53686","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-market-updates","tag-germany","tag-lagardes","tag-weidmann"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=53686"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53686\/revisions"}],"predecessor-version":[{"id":53687,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/53686\/revisions\/53687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/41151"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=53686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=53686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=53686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}