ECB President Christine Lagarde Issues Statement to the IMFC
Key Facts
ECB President Christine Lagarde issued an official statement to the International Monetary and Financial Committee (IMFC) on October 17, 2026. According to the ECB, the statement covered the Eurozone's economic outlook and the central bank's monetary policy stance. This communication is part of regular high-level international financial meetings where the ECB outlines its perspective on regional and global economic stability.
ECB staff projections foresee economic growth of 0.9% in 2026, potentially rising to 1.4% in 2027. Headline inflation reached 3.8% in September, primarily reflecting a surge in energy prices, while core inflation increased slightly to 2.5%. The Governing Council previously raised key interest rates by 25 basis points in September following a similar move in June.