(Finance) – The president of the European Central Bank, Christine Lagardereiterated that a cut in interest rates by the ECB “It will be appropriate” if the Governing Council sees its level of confidence increase that “inflation is converging towards the 2% target in a sustained manner.” In his speech to the International Monetary and Financial Committee during the spring meetings of IMF And World BankLagarde added that “at the same time the Council does not commit in a predetermined manner to a particular rate path”.
ECB, Lagarde: appropriate interest rate cut with inflation towards 2%
