Christine Lagarde Instagram – Today we cut our key interest rates by 0.25 percentage points. Some insights into that decision:
๐น Keeping interest rates high for nine months has helped push down inflation.
๐น Meanwhile, the economy is starting to grow again. Services are doing well. Lower inflation and higher wages mean that people can spend more.
๐น More demand from the rest of the world should also support our economy.
๐น Our future decisions will depend on how we see the economy and inflation developing. | Posted on 06/Jun/2024 21:18:11