"ECB President Lagarde's Post-Rate Decision Speech and Market Expectations for Rate Cuts"
TL;DR
European Central Bank President Christine Lagarde is set to hold a press conference following the bank's decision to keep interest rates unchanged for the second consecutive meeting. The ECB revised its growth forecasts lower, and investors are now looking for signals on when the first rate cut may occur and assessing the bank's plans to reduce its balance sheet.
Topics:businessfinance#christine-lagarde#ecb#finance#growth-forecasts#interest-rates#monetary-policy
- Watch: ECB President Christine Lagarde speaks after rate decision CNBC
- European Central Bank to focus on shrinking balance sheet as markets bet on rate cuts CNBC
- ECB and BOE decisions: Live coverage of European rate moves after Fed's dovish forecast MarketWatch
- European Central Bank keeps its key interest rate at a record high. Now, when will it cut? ABC News
Want the full story? Read the original reporting
Read on CNBC