European Central Bank (ECB) President Christine Lagarde stated that the ECB is closely monitoring oil prices and the path to achieving 2% inflation will be challenging. Lagarde mentioned that the ECB will cut rates soon, barring any major surprises, and is attentive to the disinflationary process. She also noted the ECB's independence from the Federal Reserve and projected inflation to reach the 2% target sustainably by mid-2025. Lagarde highlighted the impact of geopolitics on confidence and commodity prices, emphasizing the need for confidence in the disinflation process and the importance of monitoring foreign exchange rate changes and the euro's value.
Lagarde Says ECB Will Cut Rates Soon, Barring Any Major Surprises; Notes ‘Extremely Attentive’ To Oil - @CNBC https://t.co/0IGw48gskQ
ECB'S PRESIDENT LAGARDE: THE MAIN DIFFERENCE BETWEEN THE US AND EUROPE IS THE LOCATION.
ECB'S PRESIDENT LAGARDE: WE MUST BE VERY ATTENTIVE TO FX RATE CHANGES AND THE EURO VALUE.
ECB'S PRESIDENT LAGARDE: THE ECB IS NOT FED-DEPENDENT.
ECB’s Lagarde: Will Cut Rates Soon, Barring Any Major Surprises - CNBC - Subject To No Development Of Additional Shock, Would Be Time To Moderate Restrictive MonPol In Reasonably Short Order - Inflation Seen At 2% Target Sustainably Mid-2025; Notes Path To Inflation Target Will…
ECB'S PRESIDENT LAGARDE: THE ECB SEES INFLATION AT 2% TARGET SUSTAINABLY MID-2025.
ECB'S PRESIDENT LAGARDE: PATH TO 2% INFLATION WILL BE BUMPY.
ECB'S LAGARDE SAYS ECB WILL CUT RATES SOON, BARRING ANY MAJOR SURPRISES - CNBC
Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil https://t.co/7UOuEcYW2s
*LAGARDE: DISINFLATIONARY PROCESS IS MEETING ECB EXPECTATIONS
ECB'S PRESIDENT LAGARDE: WE NEED A BIT MORE CONFIDENCE IN THE DISINFLATION PROCESS.
ECB'S PRESIDENT LAGARDE: WE ARE OBSERVING A DISINFLATIONARY PROCESS THAT IS MOVING ACCORDING TO OUR EXPECTATIONS.
ECB'S PRESIDENT LAGARDE: THE ECB IS MONITORING OIL PRICES CLOSELY.
ECB'S PRESIDENT LAGARDE: GEOPOLITICS IMPACTS CONFIDENCE, AND COMMODITY PRICES.
European Central Bank 🇪🇺 President Christine Lagarde said they remain on course to cut interest rates in the near term, subject to any major shocks - CNBC
ECB'S PRESIDENT LAGARDE: THE ECB WILL CUT RATES SOON, BARRING ANY MAJOR SURPRISES; NOTES BANK IS ‘EXTREMELY ATTENTIVE’ TO OIL.
Lagarde says ECB will cut rates soon, barring any major surprises; notes bank is ‘extremely attentive’ to oil: CNBC
ECB'S REHN: AT THE MOMENT THERE IS DIVERGENCE BETWEEN THE US AND THE EUROPEAN ECONOMY.
💡 ECB’s Lagarde: If Disinflation Progresses, the Monetary Policy Stance Will Change - @EconoStream on https://t.co/orvmA6WYlS Full Story → https://t.co/v6FaIibqw4
Lagarde feels the pull of the Fed’s tractor beam as the ECB plans a rate cut https://t.co/hnn6DFtEG7 via @CraigStirling @weberalexander https://t.co/pnUkjThkOY