ECB's Lagarde: Economy resilient, service-led growth expected to continue

• Domestic demand the main growth engine in the years ahead
• Savings rate should come down
• Gov't expenditure on defense should underpin investment
• Global environment likely to remain a drag
• Underlying investment remains consistent with 2% medium-term target
• Trade tensions have eased but volatile environment a risk

The euro is higher since the ECB decision but it's mostly due to a falling US dollar after CPI data.

More in the Q&A:

• The decision was unanimous
• We are in a good place, doesn't mean we are static
• No set data for any more