Christine Lagarde Jan 25 2023
Christine Lagarde
  • Economy likely stagnated in Q4
  • Some surveys point to a pickup in 2024
  • Demand for labor is slowing
  • Upside risks to inflation include heightened geopolitical tensions, including in Middle East
  • Market interest rates have moved broadly sideways since our last meeting
  • We are determined to ensure inflation returns to our 2% target in a timeline manner
  • We will continue to follow a data-dependent approach

There isn't much here and no hint on rate cuts.