Central Banks
Lagarde Offers No Help on Rate Cuts as ECB Waits for Answers
- Investors pare bets on another easing move in October
- But some see faster rate-cut cycle as economic outlook sours
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Clues on when the European Central Bank will next cut interest rates were in short supply on Thursday, with President Christine Lagarde and colleagues awaiting data on how drastically the economy is deteriorating — and how that will shift inflation.
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