Story perspectives

ECB Leaders Hint at Rate Cuts Amid Economic Uncertainty

10/15/2025

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Summary

Story summary

Christine Lagarde, President of the European Central Bank, cannot confirm an end to rate cuts.
Lagarde notes uncertainty has decreased after a trade deal with the United States.
Francois Villeroy de Galhau, Governing Council member, says a rate cut is more likely than a hike.
Gabriel Makhlouf, Governing Council member, says inflation is back on target and the economy is resilient.
Officials remain cautious about stability and potential changes ahead.

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Story summary

Christine Lagarde, President of the European Central Bank, cannot confirm an end to rate cuts.
Lagarde notes uncertainty has decreased after a trade deal with the United States.
Francois Villeroy de Galhau, Governing Council member, says a rate cut is more likely than a hike.
Gabriel Makhlouf, Governing Council member, says inflation is back on target and the economy is resilient.
Officials remain cautious about stability and potential changes ahead.