Read more
11:23 AM · 17 January 2024

ECB Lagarde and Knot comments monetary policy

ECB Lagarde

  • It is highly likely that the ECB will cut rates by summer

  • Inflation is not where it should be
  • Will not comment on markets
  • Too much optimism in the markets does not help in the fight against inflation
  • No victory will be declared until inflation falls steadily to 2%
  • Rates are already at their peak

ECB Knot

  • Rates are unlikely to rise in the first half of the year
  • If rates cuts occur, they will be moderate
  • The situation in the Middle East remains risky

EURUSD (D1 Interval)

The ECB head's view is, of course, the most important one, which means that cuts will happen in 2024, at some point in the eurozone. However, the market seems overly optimistic about the April date, but at the same time, it seems more important for EURUSD to reduce the chance of a March cut from the Fed. 

Source: xStation5

8 May 2026, 1:30 PM

BREAKING: US Labor Market Stronger Than Expected, While Wage Pressure Eases. EURUSD gains!🚨

8 May 2026, 11:59 AM

📈 EURUSD up 0.4% before the NFP

8 May 2026, 7:20 AM

Economic calendar: NFP and central bankers to fight for the spotlights with war updates (08.05.2026)

7 May 2026, 9:45 AM

NOK surges following Norges Bank's rate hike

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits