ECB Leaves Rates Unchanged, Lagarde Addresses Hike Questions
ECB President Christine Lagarde explained the decision to hold rates steady at the July meeting and acknowledged that some policymakers had asked about a potential rate hike.
EURUSD
In her post-meeting press conference, ECB President Christine Lagarde confirmed the Governing Council's decision to keep key interest rates unchanged. She noted that while some members raised the possibility of a hike, the majority concluded that current policy settings remain appropriate.
Lagarde's remarks come as the eurozone faces mixed economic signals, with inflation still above target but growth slowing. The ECB reiterated its data-dependent approach, with future moves hinging on incoming economic indicators.
Source: FXStreet Forex News