# ECB’s Lagarde: rate cut not on the agenda
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-09-15
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: ECB President: No Rate Cut On Agenda
Meta Description: European Central Bank President Christine Lagarde reassures investors that an interest rate cut is not under consideration. Stay tuned for more updates.
URL: https://financedigest.com/ecbs-lagarde-rate-cut-not-on-the-agendahtml

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# ECB’s Lagarde: rate cut not on the agenda

SANTIAGO DE COMPOSTELLA (Reuters) – An interest rate cut is not on the European Central Bank’s agenda, ECB President Christine Lagarde said on Friday, pushing back on some market bets that a reversal of rate hikes could start in the first half of 2024.

“We have not decided, discussed or even pronounced cuts,” Lagarde told a news conference on Friday. “Duration is duration.”

(Reporting by Jan Strupczewski; writing by Balazs Koranyi; Editing by Toby Chopra)


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