Lagarde, the ECB is independent for rate decisions - Last hour. “The ECB isindependent and determined to continue to be independent and data-dependent in the assessment we make and the policy decisions we have approved” (HANDLE) “We are not going to let the Fed decide on a rate cut before the ECB," Lagarde says.
"We are going to wait and see what happens," the ECB president adds. "It is unlikely" that the ECB will cut rates before the Fed, Lagarde adds.