Speaking at a conference in Washington, ECB President Christine Lagarde reiterated that Eurozone monetary policy is in a “good place,” repeating guidance that the current rate setting remains appropriate. The remarks signal that the ECB is not actively considering a policy shift, as inflation stabilizes and growth remains resilient.
Lagarde emphasized that the ECB will continue to assess incoming data and remain “agile”, but her tone suggested confidence in the existing stance. The message reinforces expectations of stability in near-term meetings, with policy adjustments contingent on material changes in inflation or financial conditions.
Turning to structural growth, Lagarde argued that Europe can still capitalize on artificial intelligence even if it does not dominate the development of cutting-edge models. She noted that history shows economic value often lies in broad application rather than invention alone, particularly in manufacturing and industrial sectors.
