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ECB's President Lagarde: 3-4 didn't support decision
Added at 10:12am
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ECB’s Lagarde: Not Waning on Our Commitment to Fight Inflation
— *seven (@sevenloI) March 16, 2023
- Given Uncertainty, Better to Make Decision That We Believe Is Robust
- Determined to Return Inflation to 2%
- Board Proposed No Other Option
- Was Adopted by Very Large Majority
Added at 10:13am
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ECB’s Lagarde: 3-4 Didn’t Support Decision
— *seven (@sevenloI) March 16, 2023
- Dissenters Wanted More Time to Monitor Situation
- No Tradeoff Between Price and Financial Stability
- Stand Ready to Provide New Facilities if Needed
- Euro Liquidity Is Perfectly Addressed
Added at 10:27am
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#ECB LAGARDE: DIDN'T DECIDE ANYTHING ON APP ROLLOFF - BBG
— Christophe Barraud (@C_Barraud) March 16, 2023
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