ECB Pres. Lagarde speaking on CNBC says:We will cut rates soon, barring any major surprises.Geopolitical events impact on commodity prices not very significant so far.We are observing a disinflationary process that is moving according to our expectations.Subject to no development of additional shock, it will be time to moderate restrictive monetary policy in reasonably short orderWe are not pre-committing to a path of rate cutsThere is still huge uncertainty out there.ECB must be cautious and must look at the data to confirm our perspective.Declines to comment on market pricing for three rate cuts in 2024.We believe that rates are restrictive enough and they are producing an effect on inflat
Hence then, the article about ecb pres lagarde we will cut rates soon barring any major surprises was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( ECB Pres. Lagarde: We will cut rates soon, barring any major surprises )