European Central Bank (ECB) President Christine Lagarde has indicated the possibility of rate cuts if upcoming data confirm a sustained slowdown in inflation, according to Jinshi Data.
Lagarde emphasized that the ECB’s prior approach of maintaining “sufficiently restrictive” interest rates may no longer be warranted as inflation moderates. This shift in tone signals a potential easing of the ECB's monetary policy, provided inflationary pressures remain under control.
The ECB's decision will hinge on forthcoming data, with markets closely watching for confirmation of inflation trends that could pave the way for rate adjustments aimed at supporting economic growth in the eurozone.