Annalisa Piazza, a fixed income research analyst at MFS Investment Management, said that European Central Bank President Christine Lagarde was answering "disturbing" questions at a press conference after Thursday's interest rate decision, and she "may provide More evidence of how divided the committee is on future steps." Analysts said: "We think Lagarde will sidestep questions about the exact timing of rate cuts and the scale of future steps." As the economy stalls and inflation gradually declines A gradual reduction to a "neutral rate" seems to make more sense in the scenario, but the MFS IM ruled out the possibility of an early commitment from the ECB as uncertainty remains high.