ECB's Lagarde says only one governor opposed rate cut decision
"Was it a unanimous decision? Yes, but for one governor," Lagarde told reporters at a post-meeting news conference. "I leave it to your sagacity to identify who it is."
President Christine said on Thursday that only one Governing Council member had opposed the bank's to cut earlier in the day."Was it a unanimous decision? Yes, but for one ," Lagarde told reporters at a post-meeting news conference. "I leave it to your sagacity to identify who it is."
The cut its three main rates by 25 basis points each, acknowledging in its against but also signalling that the fight had yet to be won as was set to remain too high until next year.
Source: Stocks-Markets-Economic Times
