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Nov 28 Reuters European shares fell for a second session on Tuesday, stalling November39;s strong run of gains, after European Central Bank policymakers39; latest comments dampened expectations of interest rate cuts next year.

The panEuropean STOXX 600 index dropped 0.5, with market heavyweights such as Novo Nordisk and LVMH falling more than 2.

The benchmark was still on course for its best monthly performance since January, on expectations that major central banks including the Federal Reserve and the ECB were done raising interest rates and could begin easing policy next year.

Bundesbank chief Joachim Nagel said on Tuesday the ECB may need to raise interest rates again if the inflation outlook worsened, and that the bank should not rush to ease policy too quickly after the steepest set of rates hikes on record.

ECB President Christine Lagarde said on Monday the bank39;s fight to contain price growth was not yet done.

Speeches from central bank policymakers this week are aimed at curbing enthusiasm that rate cuts could come sooner rather than later, noted Susannah Streeter, head of money and markets, Hargreaves Lansdown.

Jerome Powell, chair of the Fed, is also highly likely to sing from the same song sheet when he speaks on Friday.

Investors will focus on a slew of economic data this week including euro zone inflation numbers on Thursday and U.S….