ECB President Lagarde addresses French market turmoil, stating the ECB's commitment to financial stability monitoring.
European Central Bank President Christine Lagarde stated that the ECB is attentive to the good functioning of financial markets, following a week of turmoil in French markets that erased $258 billion from French stock market value and widened the yield gap on French and German bonds. Lagarde assured that price stability and financial stability are interconnected, and the ECB will continue to monitor market developments closely.
June 17, 2024
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