Lagarde: Uncertainty prevents the European Central Bank from issuing clear signals on the Intrerest Rate.

GoldenOctober2024
TRUMP-0,03%

On April 25, Jin10 reported that on Friday, European Central Bank President Lagarde stated that the anti-inflation process “is still on track,” while warning that the high degree of uncertainty makes it impossible for the Central Bank to issue clear signals regarding interest rates. “Most potential inflation indicators show that inflation will stabilize near our medium-term target,” Lagarde said. “Looking ahead, inflation is expected to hover around the 2% target.” Lagarde also stated, “Especially in cases where the scale and distribution of shocks are highly uncertain, we cannot provide certainty by committing to a specific interest rate path.” Following the seventh interest rate cut last week, although most policymakers remain cautious about the next steps, some have begun to suggest that more easing may be needed as Trump’s trade policies exert pressure on the Eurozone economy. Meanwhile, they are more confident that the inflation rate will return to 2% this year.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
ScrapsFromTheCryptocurrencyvip
· 2025-08-25 08:03
Quick, enter a position!🚗
View OriginalReply0