Lagarde: Uncertainty prevents the European Central Bank from issuing clear signals on the Intrerest Rate.

On April 25, Jin10 reported that on Friday, European Central Bank President Lagarde stated that the anti-inflation process "is still on track," while warning that the high degree of uncertainty makes it impossible for the Central Bank to issue clear signals regarding interest rates. "Most potential inflation indicators show that inflation will stabilize near our medium-term target," Lagarde said. "Looking ahead, inflation is expected to hover around the 2% target." Lagarde also stated, "Especially in cases where the scale and distribution of shocks are highly uncertain, we cannot provide certainty by committing to a specific interest rate path." Following the seventh interest rate cut last week, although most policymakers remain cautious about the next steps, some have begun to suggest that more easing may be needed as Trump's trade policies exert pressure on the Eurozone economy. Meanwhile, they are more confident that the inflation rate will return to 2% this year.