9 June | Euro

ECB President says monetary policy is in good position

ECB President says monetary policy is in good position

The latest interest rate changes aim to help the European Central Bank (ECB) achieve its medium-term inflation target, President Christine Lagarde said. She believes that the latest monetary policy decision was "well calibrated".

Lagarde added that officials will closely monitor incoming economic data. These indicators will help determine whether there is a need to adjust borrowing costs. The head of ECB also said that the regulator is well prepared for possible uncertainty.

After an eighth rate cut in a year and an overall easing of monetary policy by 200 basis points, Lagarde said last Thursday that the campaign to reduce borrowing costs is coming to an end.

Many central bank officials, including Yannis Stournaras and Boris Vujcic, echoed her sentiment. According to their statements, the cycle of policy easing is either complete or close to completion.

ECB forecasts predict that inflation in the eurozone will slow to 1.6% in 2026 and then return to the 2% target in 2027, aligning with the institution's medium-term strategy. The regulator also expects the region's economic growth to accelerate during this period.

Anton Volkov MarketCheese
Period: 05.09.2025 Expectation: 900 pips
AUDCAD loses momentum near channel resistance
29 August 2025 38
Period: 05.09.2025 Expectation: 900 pips
Inverse head and shoulders pattern to form upon GBPUSD break of 1.358
29 August 2025 43
Period: 30.11.2025 Expectation: 2800 pips
USDJPY set to weaken in medium term
29 August 2025 24
Brent sell
Period: 05.09.2025 Expectation: 200 pips
Brent declines amid growing inventories and potential production increases
29 August 2025 43
Period: 05.09.2025 Expectation: 600 pips
Buying USDCAD on divergent data from US and Canada
29 August 2025 23
Period: 30.11.2025 Expectation: 3000 pips
Tesla shares to get boost on breaking $370
28 August 2025 45
Go to forecasts