ECB President Lagarde (Q&A) says directionally, she knows where the ECB is heading, but again notes the uncertainty, and says it remains to be seen
Context
Lagarde's comments reflect a cautious yet directional stance from the ECB regarding future policy. This ambiguity highlights ongoing economic uncertainty, suggesting that while a path may be emerging, significant risks remain that could influence upcoming decisions. Traders in EUR and fixed income markets should brace for potential volatility as further clarity evolves.
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