Zona Euro Tasa De Interés

President Lagarde confirmed Tuesday that the ECB will cut rates soon, adding that geopolitical events haven't had a substantial impact on commodity prices. The ECB is observing a disinflationary process that is moving according to expectations and just needs to build a bit more confidence in it, ECB President Christine Lagarde told CNBC. "If it moves according to expectations, if we don’t have a major shock in development, we are heading towards a moment where we have to moderate the restrictive monetary policy. Subject to no development of additional shock, it will be time to moderate the restrictive monetary policy in reasonably short order,” she added. In its April 2024 meeting, the ECB left interest rates steady as expected and signaled it is ready to cut them. Most investors anticipate the first rate reduction in June.