FRANKFURT, Sept 14 (Reuters) – The European Central Bank raised its key interest rate to a record peak on Thursday and signalled this will likely be its final move in a more-than year-long fight against stubbornly high inflation.
Following are highlights of ECB President Christine Lagarde’s comments at a news conference after the policy meeting.
SUBDUED ECONOMY
“The economy is likely to remain subdued in the coming months. It broadly stagnated over the first half of the year.”
(Reuters Global News Desk)
