8925FF685C6AF1930381BFB791F10391 European Central Bank President Christine Lagarde speaks after a modified decision - usa365.news | usa365.news European Central Bank President Christine Lagarde speaks after a modified decision - usa365.news | usa365.news
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European Central Bank President Christine Lagarde speaks after a modified decision – usa365.news

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Christine Lagarde, President of the European Central Bank, presented a press conference after the bank’s recent monetary policy decision.

Follow the CNBC’s ECB Live Blog here.

The European Central Bank announced the reduction of the interest rate of 25 Basis on Thursday, as expected, in its fifth reduction since the central bank began to reduce monetary policy in June of last year.

The reduction leads to raising facilities for the deposit of the European Central Bank, and its main average, to 2.75 %. The markets were pricing with a chance of more than 90 % of 25 Basis points before advertising.

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