Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB President Christine Lagarde said today.
“At the same time, the Governing Council is not pre-committing to a particular rate path,” Lagarde said, repeating the bank’s most recent guidance.
“Risks to the inflation outlook are two-sided,” she said.
“Upside risks include heightened geopolitical tensions, as well as higher wage growth and more resilient profit margins than anticipated,” the ECB chief added.
Article Source – ECB’s Lagarde says inflation more likely to ease but risks both way – RTE
