Monetary Policy: Lagarde: "Inflation Gets Worse Before It Gets Better"
17 Articles
17 Articles
Zeit Online
Here you can find information on the topic "Money Policy". Read now "Lagarde: "Inflation gets worse before it gets better".
The Iran war continues to drive inflation in the euro area and is burdening consumers and businesses. The central bank reacts with higher interest rates. ECB head Lagarde prepares for further difficult months - but sees light after that at the end of the tunnel.
In the medium term, the President of the European Central Bank is expecting inflation rates to fall again, stressing the importance of the digital euro.
The Iran war is fueling prices for fuelling and heating. ECB President Lagarde hires people in the euro area for the time being to continue to rise consumer prices - but then expects to improve.
ECB boss Christine Lagarde expects inflation rates to continue to rise by the end of 2026. Only after that will the situation improve – the two-percent target remains out of reach for the time being.
European Central Bank (ECB) President Christine Lagarde thereby gives people in the eurozone hope of falling inflation rates in the medium term.
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