Lagarde speech: September projections will impact ECB policy ahead

Christine Lagarde, President of the Europen Central Bank (ECB), is delivering her remarks on the monetary policy outlook in a press conference following the ECB's decision to leave the policy settings unchanged in July.

Key takeaways

"September projections are more indicative of outlook, will impact ECB policy ahead."

"Very small number of rate-setters opposed new guidance."

"Overshooting of inflation target would be incidental, not deliberate."

"Disagreement today was at the margins." 

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