Home Finance ECB President Christine Lagarde speaks after the rate decision

ECB President Christine Lagarde speaks after the rate decision

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President Christine Lagarde of the European Central Bank gives a press conference after the last decision of the bank after the last monetary policy.

Follow CNBC’s ECB Live -Blog here.

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

The reduction brings the deposit facility of the ECB, the most important rate, to 2.75%. Markets had a chance of more than 90% on a 25-based point point for the announcement.

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