Tag: Christine Lagarde

Christine Lagarde
March 20, 2024 BY Simon Mugo

ECB Refuses To Commit to a Rate Cut Path After First Rate Cut

Lagarde sought to temper expectations of a clear-cut path for rate cuts while acknowledging positive signs in recent wage and inflation trends. During a Frankfurt conference, she explained that "our actions will need to be informed by the latest data at each meeting without committing in advance to a fixed trajectory for future rates." Supporting…

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Christine Lagarde
February 23, 2024 BY Simon Mugo

ECB Chief Lagarde Says Q4 Wage Data Is Not Enough for Rate Cuts

Lagarde's comments underscored the delicate balance the ECB aims to maintain in its fight against inflation, which has been a significant concern for economies worldwide. "The Q4 wage numbers are obviously encouraging numbers," she remarked, pointing out that these figures offer a glimmer of hope. However, she quickly added a note of caution, stating, "The…

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