ECB chief say ‘disinflation process is at work’ hints at summer rate cut ...Middle East

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ECB chief say ‘disinflation process is at work’ hints at summer rate cut
source : Bloomberg News Today ( Middle East ) () 16
Christine Lagarde brushed off a recent staff survey criticising the bank’s leadershipECB leadership did not discuss rate cuts at their meeting on Thursday, Lagarde insisted – but stands by Davos comments on a possible summer timelineEurozone economy set for a recovery in 2024 as ‘disinflation process is at work’ Lagarde says ECB president Christine Lagarde at the World Economic Forum in Davos, Switzerland, 19 January 2024. Photo: AP European Central Bank chiefs did not discuss rate cuts at their meeting on Wednesday and Thursday, though the bank’s president has hinted they are on the way. However, Christine Lagarde said she wanted to have more data on wage growth, company profi

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