ECB Agrees Policy Is in Good Place as Thoughts on Future Diverge

European Central Bank President Christine Lagarde has taken her mantra that interest rates are in a “good place” to Washington and received backup from nearly all her colleagues that also made the trip.

Policymakers speaking on the sidelines of the IMF’s annual meetings in the US capital echoed Lagarde in signaling that the ECB is unlikely to cut its deposit rate, which has been at 2% since June, at this month’s meeting.