After the European Central Bank moderately cut interest rates by 25 basis points, the EUR/GBP remained below 0.8250.European Central Bank President Lagarde: The economy will strengthen over time.European Central Bank President Lagarde: Domestic inflation remains high. Inflation will fluctuate around the current level in the short term. Domestic inflation reflects the influence of wage pressure and service industry.
European Central Bank President Lagarde: Eurozone banks remain resilient.Government statement: British Prime Minister Stamer will attend the informal meeting of EU leaders in Brussels on February 3rd.Spot gold fell by $5 in the short term and is now reported at $2,704 per ounce.
European Central Bank President Lagarde: Domestic inflation remains high. Inflation will fluctuate around the current level in the short term. Domestic inflation reflects the influence of wage pressure and service industry.The European Central Bank expects inflation to cool down faster. It is reported that the European Central Bank now expects inflation to cool down slightly faster than the forecast in September. It currently predicts that the average inflation rate in 2024 and 2025 will be 2.4% and 2.1% respectively, compared with the previous forecast of 2.5% and 2.2% respectively. In the statement, the European Central Bank also said: "The anti-inflation process is on the right track."European Central Bank President Lagarde: The inflation problem has not yet been completed. European Central Bank President Lagarde said that the inflation problem has not yet been completed and the anti-inflation task has not yet ended, but inflation is moving towards the goal.