Christine Lagarde: “I consider it a moment when we can decide together to take our destiny into our own hands.”

forecasts showing inflation remaining above the ECB’s 2 per cent target without further policy action...

The basics have not changed. But what it takes to apply them has changed.

I have a sense of duty and I believe that when there’s a bit of a storm, the captain remains on deck. So the captain of the European Central Bank is on deck.

This was a decision based on what we saw in front of us.