The ECB comes with a ‘hawk-like’ interest rate cut, Lagarde emphasizes the dependence on data
The ECB cut rates by 25 basis points, signaling a moderation in monetary policy restrictions. However, Frankfurt has also made an upward revision to its inflation projections, with headline inflation now expected to average 2.5% in 2024 and 2.2% in 2025. ADVERTISEMENT The European Central Bank (ECB) cut interest rates by 25 basis points at … Read more