JACKSON HOLE, Wyoming (Reuters) -The European Central Bank is likely to keep interest rates on hold next month but discussions about further cuts may well resume in the autumn if the economy weakens, five sources told Reuters.

ECB President Christine Lagarde said in July the euro zone’s central bank was “in a good place” as it left its key rate at 2%, bringing a year-long cutting cycle to an end and leading investors to bet on a prolonged pause.

Data since then showed the euro zone economy was proving more resilient than expected while inflation hovered at the ECB’s 2% target, central bank officials in Europe and at the Federal Reserve’s Jackson Hole Symposium said.

Meanwhile tariffs imposed by U.S. President Donald Trump’s administration on European Union imports, at 15% for most goods

See Full Page