"ECB's Lagarde Signals Imminent Rate Cut Amid Inflation Concerns"
TL;DR Summary
European Central Bank President Christine Lagarde indicated that the ECB is poised to cut interest rates in the near future, contingent on no major shocks. Lagarde emphasized the bank's vigilance regarding oil prices amid concerns over potential spillover conflicts in the Middle East. The ECB's shift in language suggests a possible rate cut in June, with policymakers closely monitoring inflation and geopolitical risks. ECB policymaker Olli Rehn highlighted the impact of Iran-Israel tensions and the Russia-Ukraine war on the central bank's monetary policy, while investors have reduced expectations for Federal Reserve rate cuts.
- Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil CNBC
- Lagarde Says ECB Moving Toward Rate Cut If Inflation Eases More Bloomberg
- ECB must hold off on rate-cut talk beyond June, Kazimir says Reuters
- European Central Bank Signals Coming Rate Cut, Setting Up Split With Fed The New York Times
- ECB's confidence in fight against inflation growing, Villeroy says Yahoo Finance
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