European Central Bank President Christine Lagarde said a rate cut in July remains on the table after fresh figures showed the eurozone economy losing momentum. The remarks added to expectations that policymakers may move again if growth continues to disappoint.

The latest data indicated that expansion across the currency bloc was slower than analysts had expected, underscoring the pressure on the ECB to support activity as inflation cools. Markets have been watching closely for signs that the central bank is ready to ease borrowing costs further.

Lagarde’s comments did not commit the ECB to a specific move, but they reinforced the view that officials are weighing weaker growth against the risk of cutting too early. Any decision in July will likely depend on incoming data and the central bank’s assessment of price stability.

For households and businesses across the eurozone, the possibility of lower rates could eventually ease loan costs, though policymakers appear determined to avoid signaling a preset path. The next ECB meeting is expected to draw intense attention from investors seeking clues on the pace of policy easing.