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Lagarde Q&A: Question of what we do in September is wide open, will be data dependent

  • There is no pre-determined path for September
  • Sept projections plus other data will be taken into account
  • Decision today was unanimous
  • Surveys indicate wage growth will decline in 2025 and 2026
  • Various wage measures point in the direction of rather elevated levels
  • We’re data dependent, not data-point dependent

The euro is edging down, though rate cut probabilities haven’t moved.

This article was written by Adam Button at www.forexlive.com.

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