✉news BusinessBanking first seen 16 h ago, last 3 h ago, peak #15
Lagarde Says ECB Has Tools to Counter Market Moves
Original: ECB Has Tools to Counter Unwarranted Market Moves, Lagarde Says
European Central Bank President Christine Lagarde said the ECB has the tools to respond to unwarranted movements in financial markets. The remarks signal the bank is prepared to intervene if market turbulence threatens price stability or the transmission of monetary policy, a reassurance aimed at calming investors amid recent volatility.
Why now: Investors are watching for central bank intervention amid current bond market volatility.
Christine LagardeEuropean Central Bank
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Evidence
- ECB Has Tools to Counter Unwarranted Market Moves, Lagarde Says · Bloomberg.com
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