Lagarde spoke on Thursday, following the European Central Bank rate cut (read from the bottom up for the chronology):
ECB may drop restrictive label on rate stance as soon as March - reportEuropean indices cheer ECB rate cutECB sources: Policymakers expect a further cut in March followed by a deeper debateLagarde Q&A: We have not had a discussion on whether it's time to stop cuttingECB's Lagarde: Indicators developing towards a sustained return to our inflation targetECB cuts key rates by 25 bps in January monetary policy decision, as expectedIn her press conference Lagarde dismissed the idea that EU central banks would scoop up Bitcoin for reserves purposes:
Lagarde's comments come after the Czech National Bank governor aired thoughts of buying Bitcoin:
could potentially represent 5% of its reservesthe matter is “only at the stage of analysis and discussion”Note that while the Czech Republic is in the EU, its not a member of the euro zone.
Note also the saying that 'where there's smoke, there's fire'.
Bitcoin update ... still pussyfooting around US$100K:
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about ecb lagarde predicts no european union country will add bitcoin to its monetary reserves was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( ECB Lagarde predicts no European Union country will add Bitcoin to its monetary reserves. )
Also on site :
- Crews respond to large fire at Denny Hamlin's parents' house in Stanley: Sources
- Reported tornado rips roofs off multiple homes in central Illinois
- John Legend Celebrates 47th Birthday With Family Slime Outing in New York