ECB’s Lagarde says inflation more likely to ease but risks both way
April 22, 2024
Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB President Christine Lagarde said today.
“At the same time, the Governing Council is not pre-committing to a particular rate path,” Lagarde said, repeating the bank’s most recent guidance.
“Risks to the inflation outlook are two-sided,” she said.
“Upside risks include heightened geopolitical tensions, as well as higher wage growth and more resilient profit margins than anticipated,” the ECB chief added.
Article Source – ECB’s Lagarde says inflation more likely to ease but risks both way – RTE
