Lagarde speech: Tariffs impact is possibly negative on growth

FXStreetApr 17, 2025 1:26 PM

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Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to lower key rates by 25 basis points at the April policy meeting and responds to questions from the press.

Key quotes

"Most obvious EU response is zero for zero tariff offer."

"There will be re-routing of goods."

"Tariffs impact is possibly negative on growth."

"Relationship among central bankers is steady and solid."

Reviewed byJane Zhang

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