RSS Lagarde Q&A: There were some discussions around considering 50 bps

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 RSS Lagarde Q&A: There were some discussions around considering 50 bps

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  • Inflation has converged toward 2% for six projections in a row, at some point in the course of 2025
  • Past shocks have pushed inflation down
  • Productivity we are seeing more-promising signs
  • We have not discussed neutral rate level in meeting
  • I don't think about market pricing of rate hikes
  • Risk to inflation is now two-sided
  • The direction of travel (on rates) is currently clear, the pace is uncertain
  • A lot of ground has been covered, we have already cut by 100 bps
This article was written by Adam Button at www.forexlive.com.
 
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