The European Central Bank is closing in on a reduction in interest rates as long as shocks don’t derail the slowdown in euro-zone inflation, according to President Christine Lagarde.
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Lagarde Says ECB Can’t Commit to Cuts Beyond Likely June MoveThe European Central Bank can’t commit to further reductions in borrowing costs after a likely first move in June, according to President Christine Lagarde.
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Lagarde Says ECB Can’t Commit to Cuts After Likely June Move(Bloomberg) -- The European Central Bank can’t commit to further reductions in borrowing costs after a likely first move in June, according to President...
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ECB’s Lagarde Tells Euro-Zone Leaders Price Slowdown to ContinueThe easing in euro-area inflation is expected to persist, thanks to the effectiveness of monetary policy, European Central Bank President Christine Lagarde told euro-area leaders at a summit in Brussels, according to people familiar with the discussions.
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Lagarde Feels Pull of Fed’s Tractor Beam as ECB Plans Rate Cut(Bloomberg) -- European Central Bank chief Christine Lagarde is striking a less defiant tone on the influence of Federal Reserve policy even as she firms up plans to go it alone with an interest-rate cut.
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