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American Focus > Blog > Economy > ECB President Christine Lagarde speaks after rate decision
Economy

ECB President Christine Lagarde speaks after rate decision

Last updated: February 2, 2025 1:58 am
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European Central Bank President Christine Lagarde Holds Press Conference

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Following the European Central Bank’s latest monetary policy decision, President Christine Lagarde is set to give a press conference.

Stay updated with CNBC’s live blog for real-time updates on the ECB press conference.

Today, the European Central Bank announced a 25-basis-point interest rate cut, in line with expectations. This marks the fifth reduction since the central bank started easing monetary policy in June of last year.

The interest rate cut brings the ECB’s deposit facility rate to 2.75%. Prior to the announcement, markets had already priced in a high probability of a 25-basis-point cut.

For more financial news and updates, subscribe to CNBC’s YouTube channel.

See also  US stocks soar as Donald Trump backs down in global trade war
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