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ECB's President Lagarde: The consensus is that it's premature to talk about rate cuts
ECB'S PRESIDENT LAGARDE: THE CONSENSUS AT THE TABLE IS THAT IT'S PREMATURE TO TALK ABOUT RATE CUTS.
— FinancialJuice (@financialjuice) January 25, 2024
Added at 9:18am
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Although @Lagarde just said it was "premature" to talk about cuts, she did not push back explicitly against an earlier move.
— Frederik Ducrozet (@fwred) January 25, 2024
On wages, she mentions alternative trackers (Indeed, BoI), still high but stable-ish along lower vacancies.
The 11 April meeting remains live imo. https://t.co/gWu7eilugf
Added at 9:18am
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ECB’s Lagarde: Need To Be Further Along In Disinflation Process Before We Are Confident About Hitting Target
— LiveSquawk (@LiveSquawk) January 25, 2024