ECB Lagarde: Euro area growth remains weak

ECB Lagarde: Euro area growth remains weak

Weakness has been mainly due to global factors

World economy outlook remains sluggish and uncertain

The ECB is ambitious to do, and to play its part in accordance with its mandate

Consumption is held up fairly well

Central bank digital currency would allow citizens to use central bank money directly in their daily transactions

Depending on its design, a central bank digital currency could pose risks

The relative resilience of services so far is the key reason why employment has not been affected by the global manufacturing slowdown

Governing councils decisions in September showed that it was alert to that potential side effects of monetary policy

The strategy review will be guided by 2 principles, thorough analysis and an open mind

It is premature to venture here into debate about the precise scope direction and timeline of our strategy review

ECB remains resolute in its commitment to deliver on its mandate

Monetary policy strategy will start in the near future

Question that is common is how to best define the medium-term objective of monetary policy, so as to ensure that expectations are firmly anchored

02 Dec 19 (Mon)

02:10 pm

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