【CNBC】European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty

• In a statement, the institution said, “it would be appropriate to reduce the current level of monetary policy restriction” if inflation continues to move toward its 2% target.
• “We are not assuming that what happens in the euro area will be the mirror of what happens in the United States,” Lagarde said, following speculation about the impact of a hot U.S. inflation print on the Federal Reserve’s policy.

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