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ECB's Lagarde: Interest rates not on a linear declining path, ECB could hold for longer

ECB's Lagarde: Interest rates not on a linear declining path, ECB could hold for longer
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Bangkok Post - Asian shares advance on rate-cut optimism

RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.

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Europe pulls back as ECB shows caution after first cut in nearly 5 years

World stocks were on the brink of an all-time high and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, but also signalled that follow-up moves could take a while. ECB policymakers duly delivered their widely-flagged quarter point…

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