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)

((Balazs.Koranyi@thomsonreuters.com; +49 30 220 133 623; Reuters Messaging: balazs.koranyi.thomsonreuters.com@reuters.))