European Central Bank President Lagarde: The European Central Bank has the capacity to respond to future shocks.

Jin10 data reported on October 17, European Central Bank President Lagarde stated that the borrowing costs of the European Central Bank are at an appropriate level, sufficient to cope with any turmoil that the world economy may encounter in the future. Lagarde stated on Thursday that the risks of inflation and economic growth have become more balanced, indicating that she is satisfied with the inflation rate and interest rate remaining at 2%. She said, “We believe that we are currently in a good position, and we are ready to respond to future shocks.”