ECB Stands Ready to Ensure Stability

In a decisive statement, European Central Bank (ECB) President Christine Lagarde announced on Friday the ECB's preparedness to deploy all available instruments. This move aims to safeguard price and financial stability in the wake of recent tariffs imposed by the United States.

Market Volatility Under Close Watch

Lagarde highlighted the ECB's vigilant monitoring of market conditions, acknowledging a "degree of volatility" observed. However, she reassured that market infrastructure, including bond markets, remains orderly and functional.

Exchange Rate Impact on Inflation

The ECB is also keenly aware of how fluctuations in exchange rates could influence inflation. Despite the recent forex volatility, Lagarde opted not to delve deeper into specifics, leaving markets anticipating further ECB insights.