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2025-10-31 00:38:33
[Commercial Bank: Lagarde Hints ECB May Keep Rates Stable for Some Time] Joerg Kraemer of Commerzbank stated in a report that ECB President Christine Lagarde's press conference gave the impression that the bank would not cut its key interest rates in the coming months. He noted that Lagarde reiterated that the bank's current interest rates are at a "good level," reinforcing the case for maintaining stable rates. Lagarde pointed out that economic risks have decreased due to trade compromises and the ceasefire in the Middle East, although she did not describe overall economic risks as tilted upwards. Kraemer said, "We continue to expect the ECB to keep the deposit rate at 2% at least until the end of next year."
