European Central Bank President Christine Lagarde says uncertainty over global trade makes it impossible for the bank to make firm commitments on interest rates. Despite disinflation remaining on track, the euro zone is vulnerable to changes in tariffs, casting doubt on the ECB’s projections.
Source: https://www.bloomberg.com/news/articles/2025-03-20/lagarde-says-rising-uncertainty-means-ecb-can-t-commit-on-rates