ECB's Lagarde: September Could Be a Hike, Could Be a Pause

The speaker addresses questions about rate hikes, emphasizing a data-dependent approach to decision-making. They clarify that decisions will be made based on new projections and information, with the possibility of either hiking or pausing rates, but not cutting them. The approach will be evaluated on a meeting-by-meeting basis, informed by data.

What is the speaker's stance on the risk of doing too little versus doing too much in terms of rate hikes?

What does the speaker mean by being 'data dependent'?

How does the speaker plan to determine whether to hike or pause?

What assurance does the speaker provide regarding cutting rates?

What factors will influence the decision-making process mentioned by the speaker?