ECB's Lagarde flags more rate cuts if inflation continues to ease
STORY: The European Central Bank will cut interest rates further if inflation keeps easing towards its 2% target.That's according to ECB President Christine Lagarde Monday (Dec 16).She argued restricting economic growth is no longer necessary.
ECB’s Christine Lagarde says ‘darkest days’ of high inflation are behind Eurozone
Lagarde singled out the Eurozone’s weaker-than-expected economic recovery as a “downside risk” to inflation, pointing out that “small sequential downward revisions to the growth outlook” since 2023 “amounted to a quite significant downgrade over time”.
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