EZ ECB President Lagarde Speaks
Monitor ECB President Lagarde's testimony for pivotal Euro valuation clues on future rates.
Overview
Scheduled to address the Economic and Monetary Affairs Committee of the European Parliament in Brussels; As the head of the ECB, responsible for short-term interest rates, she holds significant sway over the euro's value, more than any other individual. Traders closely analyze her public statements for hints about future monetary policy; Serving as ECB President from November 2019 to November 2027, her speeches often lead to increased market volatility as traders seek to interpret clues about interest rates.
Key Information
What it Measures
N/A
Usual Effect
A more hawkish stance than anticipated is favorable for the currency.
Source & Frequency
European Central Bank (latest release) - https://www.ecb.europa.eu/home/html/index.en.html
How Data is Derived
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Also Known As
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Acronym
European Central Bank (ECB)