European Central Bank President Christine Lagarde said the eurozone economy is showing signs of resilience, but she warned that the next round of fiscal rule talks could still influence policy decisions. Her remarks pointed to a cautious outlook rather than a clear shift in the bank’s stance.

Lagarde’s comments come as policymakers across the currency bloc weigh how to balance growth support with tighter budget discipline. The debate over fiscal rules remains important for governments trying to manage debt, spending, and inflation pressures at the same time.

The ECB has spent the past two years navigating weaker growth, higher borrowing costs, and uneven performance across member states. While recent data suggest the region has avoided a sharper slowdown, officials remain alert to risks that could unsettle the recovery.

For markets, Lagarde’s message signals that the central bank is not rushing into major changes. Instead, the ECB appears focused on watching how fiscal negotiations and economic trends develop before making its next move.