Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave the key interest rates unchanged in April and responds to questions from the press.
Key quotes
"Inflation decline won't be linear."
"Won't wait until each item in inflation is back at 2%."
"Attentive to evolution of oil prices."
"Observing a decline of inflation, progressing disinflation."
"Comforting that monetary policy is contributing to disinflation."
About ECB's press conference
Following the ECB´s monetary policy decisions, the ECB President delivers a prepared statement and responds to questions from the press on the policy outlook. Her comments may influence the volatility of EUR and determine a short-term positive or negative trend. Her hawkish view is considered as positive, or bullish for the EUR, whereas her dovish view is considered as negative, or bearish
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