Lagarde's statement after ECB policy meeting
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: Good afternoon, the Vice-President and I welcome you to our press conference.
ECB delivers another rate cut, but economists see little room for more easing
The European Central Bank cut interest rates by a quarter-point Thursday, responding to signs of deteriorating activity and weakening inflation despite bond-market turmoil over plans for a splurge of spending.
ECB cuts rates and revises down growth forecasts
Lower than expected growth keeps ECB on dovish path for now, but the period of cuts every meeting is coming to an end
Nomura now expects only one ECB rate cut after policy meeting
Nomura now expects the European Central Bank to lower rates only once this year, diverging from most brokerages that still see at least two reductions, after the central bank signalled the possibility of a pause at its latest meeting.
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