The European Central Bank decided to keep interest rates unchanged yesterday, prompting the euro to drop by 0.6% against the dollar. Christine Lagarde, president of the ECB, sought to reassure that: "We're not going to just stand still." "We are going to use all the instruments that we have with the entire flexibility that we have, and I'm clearly here referring here to the PEPP more than others, to address the situation," she said. "We have done that in the past, we have responded v...
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