ECB's Lagarde: rate cut not on the agenda
Reuters · 6d ago
ECB's Lagarde: rate cut on the agenda

- An interest rate cut is on the European Central Bank's agenda, ECB President Christine Lagarde said on Friday, pushing back on some market bets that a reversal of rate hikes could start in the first half of 2024.

"We have decided, discussed or even pronounced cuts," Lagarde told a conference on Friday. "Duration is duration."

(Reporting by Jan Strupczewski; writing by Balazs Koranyi; Editing by Toby Chopra)

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