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Euro zone economy between ECB's baseline and adverse scenario, Lagarde says

BY Reuters | ECONOMIC | 04/14/26 10:22 AM EDT

FRANKFURT, April 14 (Reuters) - The euro zone's economy is somewhere between the European Central Bank's baseline and adverse scenarios, ECB President Christine Lagarde said on Bloomberg TV on Tuesday, adding the central bank would be "agile" when setting interest rates.

The ECB's adverse scenario, one of three published last month, assumes a much sharper increase in energy prices as a result of the Iran war, as well as greater uncertainty and international spillover, compared to the baseline. (Reporting by Francesco Canepa; Editing by Alison Williams)

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