ECB officials say those seeking another rate cut face a battle

Lagarde Says ECB Is Well Positioned And "In A Good Place" To Handle Economic Challenges ECB’s Pres Lagarde: June Baseline Holds - Attentive To Path of Negotiations ECB’s Pres Lagarde: Confident That Inflationary Shock Behind US - First Of All Wait, Elements Will Pan Out In Next Few Months ECB'S LAGARDE: WE DON'T TARGET EXCHANGE RATE, WE MONITOR ECB’s Pres Lagarde: We're Not Going To Be Moved Away From Minor Deviation From Target (In 2026) - You Will Always Find Two Or Three Governors Very Concerned About Undershooting

ECB's President Lagarde: You could argue that we are on hold. European Central Bank's Lagarde States "We Are In Wait And Watch Situation" ECB'S LAGARDE: DECISION WAS UNANIMOUS RISK ASSESSMENT WAS BROADLY SHARED WIDELY SHARED THAT WE HAVE TO WORK WITH DATA AS IT COMES IN IF TRADE TENSIONS RESOLVED IN SHORT ORDER, IT WOULD CLEAR SOME UNCERTAINTY ECB's President Lagarde: We are in a good place to hold and watch how risks develop in the next few months.

TRUMP ON FIRING POWELL: THAT WOULD BE A BIG MOVE NOT NECESSARY Trump: I believe Powell will do the right thing. TRUMP: I HAVE ONE, MAYBE THREE NAMES IN MIND TO REPLACE POWELL — BUT NO PRESSURE ON HIM.