The European Central Bank lowered its main interest rates this week for the first time since 2019, but ECB chief Christine Lagarde is dashing prospects of further cuts in the near future. Inflation in the euro currency area was “currently on a good path” to reach the ECB’s target of 2%, Lagarde wrote in an op-ed for Germany’s Rheinische Post newspaper published on Saturday. “However, it will take quite some time before inflation is completely banished from the economy,” Lagarde added, warning of bumps in the road ahead. “Vigilance, commitment and perseverance will be required along the way,” w…