ECB central banking forum opens in Portugal amid volatile environment


By Xun Wei

LISBON, June 30 (Xinhua) -- The European Central Bank (ECB) Forum on Central Banking kicked off in the Portuguese resort town of Sintra on Monday amid a volatile environment.

The three-day event brings together central bank governors, economists, financial market leaders, and academics to discuss issues such as monetary policy, financial stability, and structural reforms, among others.

According to ECB President Christine Lagarde, updates at the forum will ensure that the ECB's "toolbox remains appropriate," especially as "structural changes suggest that the environment will remain uncertain and more volatile."

In addition to European policymakers, U.S. Federal Reserve Chairman Jerome Powell, Bank of England Governor Andrew Bailey, Bank of Japan Governor Kazuo Ueda, and Bank of Korea Governor Rhee Chang-yong are also attending.

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