Lagarde: ECB Won't Cut Rates Soon, Urges Focus on Inflation
TL;DR Summary
European Central Bank (ECB) President Christine Lagarde stated that the ECB will not begin cutting interest rates in the next couple of quarters, indicating a more cautious approach to monetary policy. Lagarde's comments come as the ECB assesses the economic outlook and potential risks, including the impact of the Delta variant and inflationary pressures.
- ECB will not start cutting rates in 'next couple of quarters', Christine Lagarde says Financial Times
- ECB's Lagarde Says Keeping Rate at 4% Should Tame Prices Bloomberg Television
- IMF Chief Urges Policymakers to Be 'Laser Focused' on Inflation Bloomberg
- Warning: Europe's Central Bank Has a Dangerous Power Over U.S. Stocks InvestorPlace
- Euro zone inflation could tick up in coming months: Lagarde Reuters
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