Euro Area
ECB president delivers statement on euro area economy at IMFC meeting
Christine Lagarde, President of the European Central Bank, presented a statement at the International Monetary and Financial Committee meeting on October 17, 2025, highlighting subdued but steady global economic activity amid trade headwinds. She noted the ECB's unchanged key interest rates and projections for moderate growth and inflation in the euro area. The outlook emphasizes resilience in services and labor markets, balanced against geopolitical and trade uncertainties.
Philip Lane details ECB monetary policy in Frankfurt speech
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Philip R. Lane, ECB Executive Board member, delivered a keynote speech on October 6, 2025, in Frankfurt am Main, outlining the ECB's monetary policy strategy and current inflation outlook. He emphasized the symmetric 2% inflation target over the medium term and a flexible, data-dependent approach to future decisions. The speech highlighted projections showing inflation stabilizing near the target amid ongoing disinflation.