European Central Bank President Christine Lagarde comments on monetary policy, the outlook for the euro-area economy, inflation and financial conditions. She speaks at a news conference in Frankfurt after the Governing Council decided to lower interest rates for the fifth time since June, cutting the deposit rate by a quarter-point to 2.75%. This is the opening statement of her press conference.
00:00:00 Decision to cut interest rates by a quarter-point to 2.75%
00:03:03 Euro-area economy "set to remain weak in the near term"
00:05:21 Inflation, services, wages: Geopolitics, climate are a risk to prices
00:07:32 Risks to growth remain "tilted to the downside"; trade tariffs
00:09:46 Financial and monetary conditions; household and business lending
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