The ECB Podcast

President Lagarde presents the latest monetary policy decisions – 17 April 2025

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Apr 17, 2025
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INSIGHT

ECB Interest Rate Cut Rationale

  • The ECB lowered the three key interest rates by 25 basis points due to updated inflation outlook and monetary transmission strength.
  • Inflation is on track to settle around 2% medium-term target with moderating wage growth and stable core inflation.
INSIGHT

Economic Outlook and Resilience

  • Euro area growth outlook worsens due to rising trade tensions and global uncertainties.
  • Yet, resilience from strong labor market and policy initiatives supports spending and manufacturing.
INSIGHT

Inflation Trends and Wage Moderation

  • Inflation edged down to 2.2% in March with easing energy and services inflation.
  • Wage growth is slowing and profits are buffering inflation pressures, aiding sustainable 2% inflation target.
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