Reported 4 months ago
Christine Lagarde, President of the European Central Bank (ECB), has indicated that the bank may consider an interest-rate cut in October if economic conditions significantly worsen, but a more definitive action is expected by December. While recent discussions among policymakers reveal a cautious stance on future decisions, they emphasize a data-dependent approach, with opinions divided on the urgency of rate adjustments as inflation trends remain uncertain amid a slowing economy.
Source: YAHOO