ECB policymakers stick with June rate cut plan

CNBC

Center

Mixed Factuality

Individual: Roberts Family

Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil

Her comments come shortly after the central bank gave its clearest indication to date that it could start cutting interest rates during its June meeting.

Financial Post

Lean Right

Mixed Factuality

Individual: Leon Cooperman

Corporation: Allianz

Lagarde Says ECB Moving Toward Rate Cut If Inflation Eases More

(Bloomberg) — The European Central Bank is closing in on a reduction in interest rates as long as shocks don’t derail the slowdown in euro-zone inflation, according to President Christine Lagarde.

Bloomberg

Lean Left

Mixed Factuality

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

Lagarde Says ECB Moving Toward Rate Cut If Inflation Eases More

The European Central Bank is closing in on a reduction in interest rates as long as shocks don’t derail the slowdown in euro-zone inflation, according to President Christine Lagarde.

Il Fatto Quotidiano

Powell (Fed) freezes markets: 'Longer than expected for cuts'. Lagarde: 'If there are no surprises, the ECB will cut back to June'

“Recent data show a lack of further progress on the inflation front,” said the governor of the Federal Reserve, the US central bank, Jerome Powell on Tuesday. — To be confident in a sustainable drop in inflation towards the 2% target (level considered optimal by the Fed, ed.), “it will probably take longer,” says Powell, stressing that it is' appropriate 'to give monetary policy more time to work. The governor has been reporting for some time th…

Barron's

Center

High Factuality

Media Conglomerate: Murdoch Family

ECB Keeps Interest Rates on Hold. It’s Now More Likely to Cut in June Than the Fed.