European Central Bank (ECB) President Christine Lagarde said at a press conference on Thursday that she is "confident" none of the central banks in the ECB's General Council will hold Bitcoin reserves. She said the general view is that reserves must be "liquid, secure, safe and should not be plagued by the suspicion of money laundering or other criminal activities."
Lagarde insisted the Governing Council did not consider a 50-point interest rate cut. She noted that services inflation has remained elevated, explaining that the sector is largely labor-intensive and wage-sensitive, although she said all indicators point to wages going down in 2025, likely lowering service prices.
