Lagarde: ECB Is Well Positioned And "In A Good Place" To Handle Economic Challenges

ECB's President Lagarde: You could argue that we are on hold. European Central Bank's Lagarde States "We Are In Wait And Watch Situation" ECB'S LAGARDE: DECISION WAS UNANIMOUS RISK ASSESSMENT WAS BROADLY SHARED WIDELY SHARED THAT WE HAVE TO WORK WITH DATA AS IT COMES IN IF TRADE TENSIONS RESOLVED IN SHORT ORDER, IT WOULD CLEAR SOME UNCERTAINTY ECB's President Lagarde: We are in a good place to hold and watch how risks develop in the next few months.

ECB OFFICIALS SAY THOSE SEEKING ANOTHER RATE CUT FACE A BATTLE ECB Officials: The baseline for September is another hold in rates.

TRUMP ON FIRING POWELL: THAT WOULD BE A BIG MOVE NOT NECESSARY Trump: I believe Powell will do the right thing. TRUMP: I HAVE ONE, MAYBE THREE NAMES IN MIND TO REPLACE POWELL — BUT NO PRESSURE ON HIM.