ECB's Lagarde drops rate-cut hint
ECB's Lagarde drops rate-cut hint as inflation falls
The European Central Bank is increasingly confident that inflation will fall to its 2% target and this will be reflected in its next policy move, the bank's president said on Monday, dropping the clearest hint yet about a coming interest rate cut.
ECB’s Lagarde More Confident of Meeting Inflation Target
The European Central Bank is more confident that inflation is going to settle at its target after a series of recent data releases, and will take that into account when it next sets policy, President Christine Lagarde said Monday.
Lagarde’s Growing Optimism on Inflation Hints at October ECB Cut
Christine Lagarde said the European Central Bank is becoming more optimistic that it will be able to get inflation under control, and will reflect on that at its October interest-rate decision.Most Read from BloombergA 7,
ECB's Oct Decision Will Reflect Greater Confidence on Inflation, Says Lagarde
FRANKFURT (Reuters) - The European Central Bank is increasingly confident that inflation will fall back to its 2% target and this should be reflected in its October policy decision, ECB President Christine Lagarde said on Monday.
ECB’s Lagarde hints at October rate cut as inflation slows
At its September meeting, the ECB had cut its key deposit rate for a second time this year, taking it down to 3.50 percent from 3.75. However, Lagarde had indicated at the time that the Bank would probably wait until December before moving again, due to ongoing uncertainties around lingering inflation, especially in the services sector.
ECB's Lagarde hints at further rate cut as inflation moderates
President Christine Lagarde expressed confidence in Brussels on Monday that inflation could soon return to the bank's target level and did not rule out a further interest rate cut. "Looking ahead, inflation might temporarily increase in the fourth quarter of this year as previous sharp falls in energy prices drop out of the annual rates,
Lagarde says ECB is getting more confident of taming inflation
Christine Lagarde said the European Central Bank is becoming more optimistic that it will be able to get inflation under control, and will reflect on that at its October decision. Read more at The Business Times.
Lagarde Says ECB Is Getting More Confident on Inflation
Christine Lagarde said the European Central Bank is becoming more optimistic that inflation will return to target in a "timely manner." Speaking to lawmakers at the European Parliament in Brussels, the ECB president added that the central bank will take this into account at the October policy meeting but is not "pre-committing to a particular rate path.
ECB's Lagarde More Confident On Inflation Decline
European Central Bank president Christine Lagarde said Monday that recent developments had confirmed her belief that inflation would soon return to the bank's two-percent target.
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European Shares Slip Ahead of Economic Data and ECB President's Speech
European shares opened lower as investors braced for a week full of economic data and awaited comments from ECB President ...
Lagarde Says ECB Getting More Confident of Taming Inflation
Christine Lagarde said the European Central Bank is becoming more optimistic that it will be able to get inflation under ...