- This does not look like it’ll be impactful
0830 GMT/0430 US Eastern time:
- Video message by ECB President Christine Lagarde
- at an event marking the 75th anniversary of the International Confederation of Popular Banks (CIBP) in Marseille, France
After we heard from Lagarde on Thursday this doesn’t promise much for traders.
- ECB cuts key rates by 25 bps in June monetary policy decision, as expected
- ECB’s Lagarde: The services sector is slowing
- Lagarde: We are getting towards the end of the easing cycle
- ECB sources: a ‘visible majority’ in ECB meeting expressed preference for holding in July
- ECB officials expect rate cuts to be paused in July – report
