The strategy of the eternal lose. Unlike the American Federal Reserve (Fed) which has paused its drop in guiding ratethe European Central Bank (BCE) announced continue to lower. At the same time, its president, Christine Lagardetook the opportunity to further disparaged Bitcoin (BTC) which shades its precious digital euro.
The key points of this article:
The European Central Bank has dropped its interest rates of 25 base points, marking a strategy opposed to that of the American Federal Reserve. Christine Lagarde, president of the ECB, expressed her opposition to the inclusion of Bitcoin in strategic reserves, defending the digital euro.
The European Central Bank (ECB) drops its key rates from 25 points
This Thursday, January 30, 2025, the European Central Bank announced a news decrease in its interest rates25 base points. These rates thus go from 3 to 2,75% From now on. This is the 4th consecutive drop made by the ECB. Central bankers also specify, in comments of this announcement, that «the disinflation process is on track ». The supranational bank thus hopes that its objective of 2% d’inflation In the euro zone will be reached this year 2025. The day before (January 29) and on the other side of the Atlantic, the Federal reserve had preferred to do the opposite, by interrupting His series of drops in guiding rates. The latter thus remained unchanged between 4,25 et 4,5 %.
Christine Lagarde still hates Bitcoin as much, and does not want to see BTC reserves
Likewise, while UNITED STATES are about to set up Bitcoin strategic reservethe president of the ECB, Christine Lagardefirmly opposes it, for the benefit of the transposition of the euro into Central Bank Digital Mint (MNBC). Obviously, Bitcoin being a concurrent direct of this digital euro which will be imposed by central bankers on European peoples without any vote or referendum, Christine Lagarde does not want to hear about BTC strategic reserves And zone euro.
“I am confident that Bitcoins will not be in the reserves of central banks of the members of the Council of Governors. »»
Christine Lagarde, president of the ECB – Source: account x @bfmnusiness
As always, the EU's supranational technocrats want decide nations and their people (less and less) sovereign. Indeed, Christine Lagarde makes this declaration for flip the word of Governor Aleš Michl of the Central Bank of the Czech Republic (CNB)who had declared, just the day before, that » Bitcoin seems to be a good idea for the diversification of assets »From his national bank.