Lagarde Signals ECB Open to October Cut But December More Likely

The European Central Bank is open to considering an interest-rate cut in October if the economy suffers a major setback — though the next comprehensive set of information will only be available at the following meeting, President Christine Lagarde said.

Lagarde Signals ECB Open to October Cut But December More Likely
The European Central Bank is open to considering an interest-rate cut in October if the economy suffers a major setback — though the next comprehensive set of information will only be available at the following meeting, President Christine Lagarde said.