ECB’s Lagarde: It is likely that we will cut rates by the summer

Well, this is at least more informative but contradicts her point that the aggressive bets on rate cuts pricing is not helping their task at the central bank. Just by these words alone, it solidifies the likelihood of a rate cut in April and if not June at the latest. Not quite the best showing by Lagarde here in Davos.

This article was written by Justin Low at Source