Read more
1:49 PM · 17 October 2024

ECB Press Conference - 17 October 2024 (LIVE)

The ECB conference call on the Central Bank's decision to cut the deposit rate by 25 basis points has just begun, in line with analysts' expectations. Below, you can find the main points made by President Lagarde:

  • Incoming data suggests that activity is weaker than expected.
  • Households consumed less than expected.
  • Latest data points to more sluggish growth.
  • We expect the economy to strengthen over time.
  • Domestic inflation is still strong.
  • Inflation to drop to target in 2025.
  • Risks to growth are on the downside. 
  • Geopolitical tensions are an upside inflation risk. Downside risks to inflation include low confidence, geopolitical stress and low investment.
  • Financing conditions remain restrictive.
  • I am still looking at soft landing.
  • I don't see a recession in the Eurozone.

 

Dollar is extending gains against euro as the ECB press conference continues.

 

 

15 April 2026, 6:44 PM

Daily summary: The market pauses at the top

15 April 2026, 4:25 PM

BREAKING: First U.S. inventory decline in two months, mainly due to record exports

15 April 2026, 6:58 AM

Economic calendar: earnings and central bank speakers 🎙️

15 April 2026, 6:46 AM

Morning wrap (15.04.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits