The uncertainty has been reduced by about 50 percent and it is a significant improvement even though there is still uncertainty and we have to handle it, she says in an interview with Danish radio.
Lagarde repeats at the same time in the interview that the ECB's inflation target is now achieved, that is, 2.0 percent. The bank also chose last week to leave the key interest rates unchanged for the second meeting in a row. Some players from the ECB's side, including the French central bank governor, have however pointed out that it is not possible to rule out a further cut.
