Watch live: ECB President Christine Lagarde speaks after rate decision

by News Feed Editor | Jul 27, 2023 | Financial

[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.]European Central Bank President Christine Lagarde is due to give a press conference following the bank’s latest monetary policy decision.It announced a new rate increase of a quarter percentage point, bringing its main rate to 3.75%, completing a full year of consecutive rate hikes in the euro zone.”Inflation continues to decline but is still expected to remain too high for too long,” the ECB said Thursday in a statement.Subscribe to CNBC on YouTube.

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European Central Bank President Christine Lagarde is due to give a press conference following the bank’s latest monetary policy decision.It announced a new rate increase of a quarter percentage point, bringing its main rate to 3.75%, completing a full year of consecutive rate hikes in the euro zone.”Inflation continues to decline but is still expected to remain too high for too long,” the ECB said Thursday in a statement.Subscribe to CNBC on YouTube. nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]