Lagarde: Data in the coming months will determine when interest rates will be lowered
According to reports from Jinshi, European Central Bank President Lagarde stated in a speech on Wednesday that data on wages, productivity, and corporate profit margins in the coming months will determine when interest rates can be lowered. Lagarde emphasized that the monetary policy path is still unclear, decisions will continue to rely on data, and responses to new information will be made at each meeting.
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