Christine Lagarde, President of the European Central Bank (ECB), is delivering her remarks on the policy outlook and responding to questions from the press following the Governing Council's decision to hike key rates by 25 basis points in September.

Key takeaways

“In coming months, inflation will fall”. 

“Risks to economic growth are tilted to the downside”.

“Domestic price pressures remain strong”. 

“Some long-term inflation indicators are elevated and need to be monitored closely”.

“Energy and food are upside risks to inflation”.

“Weaker demand is a downside risk to inflation”.

About ECB's press conference

Following the ECB´s monetary policy decisions, the ECB President delivers a prepared statement and responds to questions from the press on the policy outlook. Her comments may influence the volatility of EUR and determine a short-term positive or negative trend. Her hawkish view is considered as positive, or bullish for the EUR, whereas her dovish view is considered as negative, or bearish.