Published by Global Banking & Finance Review®
Posted on April 11, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleECB President Lagarde assures readiness to deploy tools for financial stability, emphasizing the ECB's history of innovation in turbulent times.
WARSAW (Reuters) - The European Central Bank is ready to deploy its instruments to maintain financial stability and has a solid track record in devising new tools when required to deal with turbulence, ECB President Christine Lagarde said on Friday.
"The European Central Bank is monitoring and is always ready to use the instruments that it has available, and has come up in the past with the adequate instruments and tools that were necessary in order to procure price stability, and of course financial stability, because one doesn't go without the other," Lagarde told a press conference.
(Reporting by Jan Strupczewski; Writing by Balazs Koranyi; Editing by Alex Richardson)
The article discusses the European Central Bank's readiness to use its instruments to maintain financial stability, as stated by President Christine Lagarde.
The ECB has various financial instruments and has historically developed new tools to address financial turbulence and ensure stability.
Christine Lagarde is the President of the European Central Bank, responsible for overseeing monetary policy in the Eurozone.
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