ECB's Lagarde Signals Readiness to Counter Unjustified Market Moves

ECB President Lagarde reiterated to the Eurogroup that the central bank possesses tools to address unjustified and disorderly market conditions that could impede monetary policy transmission, subject to clear criteria. This is a standard central-bank communication aimed at anchoring expectations, with no specific trigger identified. The statement underscores the ECB's commitment to financial stability but offers no new policy signal.