MFS Investment Management analyst: Lagarde may dodge questions on timing and size of rate cuts

Annalisa Piazza, a fixed-income research analyst at MFS Investment Management, said ECB President Christine Lagarde answered "troubling" questions at her press conference after Thursday's interest-rate resolution, and that she "may provide more evidence that there is a significant increase in the Commission's future moves " that there is a significant increase in future moves by the committee." Analysts said, "We believe that Lagarde will partly address the timing of the initiative to cut rates and the size of future initiatives." In the next scenario, a gradual increment to the "neutral rate" "seems to make more sense, but the MFS IM cancels the possibility of an early commitment by the ECB, as uncertainty remains.