ECB Resists Market Pressure for Interest Rate Cuts The European Central Bank (ECB) has resisted market pressures for swift interest rate cuts, maintaining a cautious monetary policy approach despite Europe’s faltering economy and market anticipation for more affordable credit to stimulate business and stock market activities. ECB President Christine Lagarde, affirming the decision to keep the benchmark rate at a high 4%, stated that discussions about rate reductions are premature. While markets expected a rate cut as early as April, Lagarde emphasized that any future decisions will be based on the latest economic data rather than a fixed timetable, although she hinted at a possible cut in the summer. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Geopolitical Tensions, Not Interest Rates, Now Seen as Main Risk to U.S. Economy READ MORE The rising de-dollarization trend is a risk to US stocks, Morgan Stanley wealth CIO says READ MORE Banking Crisis 2.0? NYCB Stock Down 60% in One Week READ MORE The Fight Against Counterfeit Dollars: What You Need toKnow READ MORE Fed’s Powell Ready to Support Job Market, Even If It Means Lingering Inflation READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment